Close this search box.

We are creating some awesome events for you. Kindly bear with us.

Shanghai Launches Data Exchange

Shanghai Data Exchange (SDE) was unveiled in the city’s Pudong New Area, representing the city’s ambitions to be a role model of data trading amid efforts to build Pudong into a modernisation pioneer area as required by the central authorities.

A total of 20 data products were listed on the exchange, covering eight industries including finance, transportation and communication. Electricity data cover a wide range of industries. Commercial banks can refer to the real-time and precise electricity data to come up with innovative financial products and services for companies.

The establishment of the SDE has made it possible to transform the company’s electricity data into a value-added service. Based on the set of rules set at the exchange, State Grid Shanghai can provide processed data products that meet both data security requirements and buyer demand.

– Xi Zenghui, Deputy Director, Internet Department, State Grid, Shanghai

The trading system used at the exchange is the first of its kind ever launched in China. According to the exchange, no transaction will be conducted if the data purchaser cannot explain the exact scenario in which the data will be used. While only one-on-one transactions are available on the exchange at present, one data product listed on the exchange will be accessible to multiple buyers in the future.

Located in the core area of Zhangjiang High-Tech Park in Pudong, the SDE was established to address the major difficulties in data trading including identification of data ownership, pricing of data, reaching mutual trust between transaction parties, initiating transactions and overall supervision, said local authorities. More importantly, it is part of Pudong’s efforts to address its responsibility as assigned by the central authorities. Among the many steps to achieve that goal, an international data hub and a data exchange should be built in Pudong to establish standards and systems regarding data trading, communication and management.

A total of 100 companies signed agreements with the SDE to secure the compliance and security of data transactions. Third-party law firms and accounting firms have also reached agreements with the exchange to ensure transaction safety.

Data company will be mainly responsible for providing safe and controllable technology services and management systems for data supervisors, users, providers and managers taking part in data transactions via the exchange. Data have become a key medium to activate flows of people, goods, technologies and capital in the information age. High hopes have been laid on the new exchange to explore the “Shanghai mode” for data transactions.

As reported by OpenGov Asia, In China’s 13th Five-Year Plan, one of the goals is to make Shanghai become a science and technology innovation centre with global influence. Recently, Shanghai’s efforts to realise these goals have resulted in a series of achievements.

The city witnessed a series of original sci-tech achievements and participated in multiple major national tasks in the science and technology field. In 2020, papers published by Shanghai scientists in world-leading academic journals accounted for 32% of China’s total. Researchers and scientists from Shanghai also facilitated national-level tasks.

Breakthroughs were made in industries including integrated circuits, biomedicine and Artificial Intelligence (AI). Shanghai retained its position as the most attractive Chinese city favoured by foreign talents for the eighth consecutive year last year, with an increasing appeal to high-level professionals.

The city will strive to become an important source of new scientific discoveries, technological inventions, industrial directions and development concepts by 2025, outlining eight core indicators which include total social R&D expenditure accounting for about 4.5% of the city’s GDP and the number of high-tech enterprises surpassing 26,000.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.