Since the pilot launch of data product intellectual property registration in December 2024, Shanghai has accepted 1,203 applications for such registration, and issued 802 registration certificates, with registered products from 29 domestic provinces, autonomous regions and municipalities, generating over 19.5 billion yuan ($2.79 billion) in economic value.

Aligned with Shanghai's strategic industrial priorities, 67 percent of the applications come from artificial intelligence, and 13 percent from biomedicine, reflecting rapid commercialization of data assets.

Market integration has been accelerating significantly since Jan 1, when major commercial platforms began displaying registration details, improving transparency and helping businesses make safer investment and risk-control decisions by using verified data product rights.

Economic effects are visible: 287 data products have been licensed externally, yielding more than 4.8 billion yuan; 166 products have been traded across trading institutions, with transactions exceeding 3.4 billion yuan; and service fees from 365 products have exceeded 11.3 billion yuan.

Financial channels have been broadened, with 14 enterprises obtaining pledge financing against registered data products, securing 355 million yuan in loans, underscoring the growing recognition of data assets as pledge.

Legal and regulatory gains include recognition of registration in China (Shanghai) Pilot Free Trade Zone, AI development regulations, the expert committee vetting to ensure substantive processing and innovation, and measures to use certificates in judicial proceedings.

Such registration is widely believed to have strengthened trust across the data chain, optimized R&D and industry collaboration, and laid a foundation for broader data sharing, value realization, and high-quality digital economic growth.

Source: Shanghai Intellectual Property Administration