Shanghai has introduced an integrated mechanism that combines data product intellectual property registration, trade secret protection, and pledge financing to help enterprises unlock the value of their data assets through institutional innovation, according to a joint notice from Shanghai authorities.
The notice was jointly released by the Shanghai Intellectual Property Administration, Shanghai Administration for Market Regulation, and Shanghai Municipal People's Procuratorate. It aims to strengthen trade secret protection, data product IP registration, and financing coordination.
To address challenges in trade secret protection and data asset monetization, the authorities conducted a series of studies on compliance management, value evaluation, and financial support, exploring practical pathways for developing enterprise data assets.
Shanghai has also launched China's first 50 million yuan ($7.34 million), pledge financing project backed by trade secret data products, laying a practical foundation for future policymaking and pilot initiatives.
The notice establishes a full-chain service system covering trade secret confirmation, compliance supervision, value assessment, and pledge financing, building on Shanghai's existing data product intellectual property registration framework.
To date, eight enterprises have completed pledge financing agreements involving trade secret data products, with a total contract value of 152 million yuan, demonstrating how policy innovation is helping transform data assets into new drivers of business growth.
