Crossing the 100 million yuan mark! Shanghai Stock Exchange's monthly data trading volume has reached a new high
According to the latest news from the Shanghai Data Exchange, with the continuous increase in data trading volume this year, the data trading volume of the data exchange in August has exceeded 100 million yuan. Based on a series of services and functions built by the Shanghai Stock Exchange, an increasingly active market trading ecosystem is gradually forming, which will effectively promote the efficient and compliant circulation and use of data elements.
The monthly data transaction volume exceeds 100 million yuan, which is not only due to China's deepening reform in the data element market and Shanghai's pioneering efforts, but also reflects the acceleration of the construction and upgrading of the Shanghai Data Exchange. Its position as the core hub of the national data element market will be further highlighted, and it is expected to play a greater role in the global allocation of data elements in the future.
The continuous increase in transaction volume is inseparable from a series of innovative measures constructed by the Shanghai Stock Exchange to ensure the security, compliance, and efficiency of data trading.
The Shanghai Stock Exchange has formulated a series of institutional norms for the entire process of data trading, released a "7+6+1" institutional system, and established the basic principle of "non compliant non listing, no trading without scenarios". To provide a low-cost, efficient, and reliable data circulation environment, we have led the construction of the first data transaction chain in China, providing compliance and security guarantees for data circulation transactions. The institutional system and infrastructure construction are important factors for the continuous expansion of the trading scale on the Shanghai Stock Exchange.
It is understood that in order to achieve precise integration of supply and demand and explore data application scenarios, the Shanghai Stock Exchange focuses on building functions such as compliance protection, information release, supply and demand integration, and trading services. Online transactions are matched through information release platforms such as trading halls and demand halls, while offline activities are focused on the DSM series of special events, focusing on specific data issues to build a professional communication and trading negotiation platform for data supply and demand parties.
It is worth mentioning that in order to encourage various market entities to actively participate in data trading, the Shanghai Stock Exchange released the "Data Element Market Prosperity Plan" on August 21, which will launch a special incentive fund for promoting the circulation of data elements for enterprises related to the data element market nationwide. The plan is to establish a special incentive fund of 100 million yuan to prosper the data business ecosystem, activate on exchange trading, and fully stimulate the vitality of the data element market.
![Crossing the 100 million yuan mark! Shanghai Stock Exchange's monthly data trading volume has reached a new high](https://a5qu.com/upload/images/b2a4f4f21c5638acbf65ea1d25d20951.jpg)
The Shanghai Stock Exchange has implemented a multi pronged approach to promote data trading, mobilizing the enthusiasm of various market entities, and accelerating the entry of data suppliers, demanders, and data merchants. At present, the Shanghai Stock Exchange has listed nearly 1500 data products, and the data products are becoming increasingly abundant. The orderly development of the data business ecosystem will further support the continuous expansion of data trading scale.
Text: Yang Zhenying
*Reprinted from official WeChat account released by Pudong