The Shanghai United Assets and Equity Exchange, the city's trading vehicle for the transfer of property rights, listed 184 technology-heavy projects yesterday for either capital investment or technology transfer.

　　Among the 184 projects, 106 are patent related and offered by Britain while the remaining 78 are domestic.

　　The projects involve a variety of industries including biopharmaceutical, new materials, information technology and mechanics.

　　The municipal government uses the exchange as a bridge between capital and technology start-ups. It's also entrusted with adding science and technology projects and helping economic growth continue at its current brisk pace.

　　The exchange was created in December and its mandate also includes restructuring the city's state-owned assets. The exchange merged the Shanghai Assets and Equity Exchange and the Shanghai Technology Exchange.

　　The former focused on established companies while the latter concentrated on technology-dominant firms.

　　The exchange reported a total value of 36 billion yuan (US$4.34 billion) in January and February this year, said Cai Minyong, president of the exchange during the ceremony for listing the 184 projects yesterday.

　　The value of the deals involving state assets reached 10.8 billion yuan in the period, making up 29.96 percent of the total exchange value.

　　Foreign investors completed 26 deals worth 696 million yuan in the first two months of the year.

　　The exchange will be used to buy and sell assets of the country's 188 most important state-owned enterprises including China Mobile Communications Corp, the world's largest cell-phone service provider in terms of subscribers, Cai said.

　　"The central government has already agreed to that point."