Nov 26, 2021 08:14 PM

BUSINESS

Shanghai Data Exchange Launches Trading in Bid to Boost Digital Economy

By Zhang Erchi and Kelsey Cheng

People attend the opening ceremony of the Shanghai Data Exchange and Global Data Ecosystem Conference 2021 Thursday in Shanghai. Photo: Courtesy of CCTV

People attend the opening ceremony of the Shanghai Data Exchange and Global Data Ecosystem Conference 2021 Thursday in Shanghai. Photo: Courtesy of CCTV

The Shanghai Data Exchange (SDE) started trading on Thursday, with the listing of 20 data products covering eight sectors including energy, finance, transportation and communications, further boosting efforts to develop China’s digital economy.

The first batch of products came from companies including the nation’s three largest telecom operators — China Mobile, China Unicom, China Telecom – as well as Cosco Shipping Technology, UnionPay Advisors, and JD Technology, according to the website of the SDE (link in Chinese).

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