The Shanghai Stock Exchange (SSE), China's first, will celebrate its 16th anniversary Tuesday.

As of Monday a total of 840 companies had listed on the Shanghai Stock Exchange. Their total market value is more than six trillion yuan (about 766 billion U.S. dollars), an increase of 160 percent in the same period last year, said SSE board chairman Geng Liang.

Shanghai ranks 17th in the world list of major stock exchanges, Geng said.

The aggregate turnover of stocks on the SSE has so far this year reached 5.3 trillion yuan (about 677 billion U.S. dollars), up 173 percent year-on-year and ranking world 15th.

Geng said the SSE will keep on improving and will promote the development of the Chinese market.

At the same time, the SSE will strengthen supervision of the market and create a fair and transparent investment environment.

So far, the SSE has signed MOUs with 27 foreign stock exchanges, paving the way for international cooperation, Geng said.