Alibaba Cloud has announced a partnership with the state-run data exchange in Shenzhen in southern China.

 

Alibaba Cloud has announced a partnership with the state-run data exchange in Shenzhen in southern China.  

This collaboration aims to facilitate the process of buying and selling data for enterprises. 

  • Alibaba Cloud and Shenzhen Data Exchange signed an agreement at a recent meeting in Hangzhou. 
  • Their partnership will support the construction of data infrastructure, data ecology, exploration of large-scale model applications, cloud computing, AI services, and other projects that enable the exchange of commercial information. 
  • This is part of a wider China-led effort to create a major domestic market for trading data, which the country considers to be a production factor among the likes of land, capital, and human labor. 
  • Alibaba Cloud has also formed alliances with Hangzhou International Digital Exchange Centre and Guiyang Big Data Exchange. 

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