Industry dynamics of September 2020

Updated: Sep 30,2020 4:32 PM english.sheitc.gov.cn

1. Shanghai Internet Data Center Training and Development Planning Workshopwas successfully held (9.4)

      On the afternoon of September 2nd, Shanghai Municipal Investment Promotion Service Center (Shanghai Municipal Small and Medium-sized Enterprise IPO Promotion Center) held Shanghai Internet Data Center (IDC) Training and Development Planning Workshop. Representatives of industrial departments and investment promotion departmentsof relevant districtsand parks participated in the event.

      Relevant comrades of the Information Infrastructure Management Office of Shanghai Municipal Commission of Economy and Informatization, introduced the growth of the IDC market in China, the development trend of data centers and the current situation and challenges of Shanghai data centers. They also elaborated the three-year action plan for upgrading Shanghai's energy level, the preliminary policy guidance and the key points of the construction guidelines and shared the preliminary considerations for the development of data centers in Shanghai during the 14th Five-Year Plan.

      Representatives of various districts and parks shared the information on land acquisition, power supply conditions, energy consumption indicators, industrial development orientation, investment promotion and capital recruitment, and difficulties in landing projects in relation to data centers, and put forward suggestions on the development of Shanghai’s Internet data center during the 14th Five-Year Plan.

 

2. Small and Medium Investors Service Forum was held, with municipal leaders addressing at the online event (9.8)

      On September 7th, the 3rdSmall and Medium Investor ServicesForum was held online, watched by 1.2 million audience.

      The theme of this Forum is "Implementing the Securities Law and Promoting Investor Protection". In response to the concerns of all stakeholders about the "Special Representative's Proceedings", participants shared their views and suggestions on issues such as the coordination mechanism, the adjudication rules for securities special representative litigation, the factors to be considered in the selection of special representative litigation cases in the pilot phase, the coordination and balance of insurers in mediation procedures, and the unique role of lawyers in special representative litigation,in order to improve the securities civil litigation system with Chinese characteristics.

      Wu Qing, Member of the Standing Committee of CPC Shanghai Municipal Committee and Vice Mayor of Shanghai, delivered a live video speech.

 

3. China's first public welfare platform for enterprise environmental product declaration and EPD China were established (9.14)

      On September 9th, the preparation for EPD China jointly initiated by Shanghai Green Manufacturing Alliance, Shanghai Huanyi Environmental Technology Co., Ltd., Huasheng Green Industry Foundation, Green Ark International Alliance, the Belt and Road Initiative Environmental Technology Exchange and Transfer Center (Shenzhen), Sino-British Low Carbon College of Shanghai Jiao Tong Universityand other organization was officially launched at  China International Green Development Conference 2020and the first China International Green Food and Green Finance Forum. At the event, the "Guidelines for EPD System Rules for China's Environmental Product Declaration" was also released.

      EPD (Environmental Product Declaration), also known as Type III Environmental Product Declaration, is a comprehensive information disclosure of environmental impact on the whole life cycle of products. EPD China is a public welfare platform jointly built by a number of domestic specialized environmental organizations to meet the relevant requirements of the International Environmental Declaration, break through the green barriers of international trade, and drive more green products to the world. It aims to establish an authoritative and fair environmental information disclosure platform in China.

 

4. Cloud Habitat Conference 2020 – 100 Cities Shanghai Station Aiqi Valley Special Event was held (9.21)

      On September 17th, under the guidance of the Municipal Economic Information Committee and Fengxian District People's Government, sponsored by Alibaba Group, assisted by Shanghai Producer Services Promotion Association, and hosted by Shanghai Aiqi Network Technology Co., Ltd., Cloud Habitat Conference 2020 –100 Cities Shanghai Station Aiqi Valley Special Event was held at Shanghai Aiqi Producer Services Functional Area.

      This event was jointly created by Aliyun and Aiqi Network Technology. Supported by the new generation of information technologies such as big data and AI, we will explore an innovative integration mode from traditional rental and sales to "fine management, information service, intelligent operation and agglomeration industry". Through the release of the joint solution of Aliyun-Aiqi Smart Park, we will break the silos of information and provide enterprises with multi-dimensional online services and multi-scene offline experiences.

 

5. Driving Shanghai to transform into a FinTechcenter, one of the world's highest FinTech event was launched (9.25)

      On September 25th, in Shanghai, the Bund Conference, one of the world's highest FinTech events, was officially launched. This grand trade event gathers elites in the industry and explores new possibilities for the development of China's FinTech sector and the transformation of Shanghai into aFinTech center.

      FinTech, according to the official definition of the Financial Stability Board (FSB), is a technology-driven financial innovation that can transform or innovate financial products, business models and business processes. In recent years, the rapid evolution of FinTech has become an important driving force for financial development in various economies.

      The theme of the Bund Conference, "Technology Makes the Future More Inclusive", points out the future direction of China's FinTechsector, which is consistent with the regulatory concept of the People's Bank of China. China's newly launched FinTech innovation regulatory toolsare intended to guide licensed financial institutions and technology companies to empower finance to "benefit both people and enterprises" under the framework of controllable compliance risks, relieve the pain points and difficulties of small and micro private enterprises such as difficult financing, expensive financing and "last mile" of inclusive finance, and strive to improve the capabilities of financial services for the real economy.

      It is worth mentioning that the Bund Conference is a conference entirely sponsored by enterprises. The organizer is Ant Financial Group, a leading enterprise in China's FinTech industry. The spontaneous organization of events by market players will not only help to connect market resources and get closer to the needs, problems and trends of the industry, but also promote the all-round and benign interaction of this FinTech ecosystem in a relaxed environment.