Shenzhen has formed three significant trends in exploring data transactions

On March 15, the reporter learned from Shenzhen Data Trading Co., Ltd. (hereinafter referred to as “Shenzhen digital exchange”) that Shenzhen has made positive progress in establishing a data trading market and exploring data trading. At present, Shenzhen data trading market has formed three significant trends.

Previously, on February 12, the work plan of Shenzhen to explore and carry out data trading has been officially approved by the 24th Meeting of the comprehensive deepening reform committee of the CPC Shenzhen Municipal Committee; On March 13, 2022, the Guangdong Provincial People’s government officially issued the key points for the reform and construction of Guangdong Digital Government in 2022, which clearly pointed out that “support Shenzhen to establish a data trading market or carry out data trading relying on existing trading venues”.

At present, Shenzhen data trading market has formed three significant trends. First, led by technology service companies, there are great prospects for cooperation in the direction of industry standards, capitalization and compliance. Although the participants in the first phase of ecological partner survey mainly focus on science and technology partners, this aspect reflects the current distribution of data trading market; On the other hand, the cooperation direction that reflects its expectation is not limited to technology, but has a large cooperation space in industrial technical standards, asset application and compliance.

Second, the data provider market is not yet mature, and technology service companies and data product / service providers expect to assume multiple roles. The main participants in the first phase of the survey are composed of science and technology service providers and data product / service providers. Most of them want to play multiple roles on the platform and have a strong willingness to become platform data providers.

Third, data assets, technology and data security are most concerned by market players, and Shenzhen digital exchange is expected to provide policy information and support. The compliance security in data circulation and the realization of value brought by data circulation are the two aspects that market subjects pay most attention to. Data compliance and security should not only do a good job in the design of standard mechanism, but also play a basic supporting role in technology. Under the policy background of promoting the digital industry, policy information and related support are also the focus of market players.

It is understood that in order to implement the important reform tasks entrusted to Shenzhen by the central government, the Shenzhen municipal government signed a strategic cooperation agreement with the national development and Reform Commission, jointly built a leading group for the preparation of Shenzhen data exchange with the National Information Center, and the Shenzhen Development and Reform Commission coordinated the main bodies of various units to establish a special preparation class, Actively promote the registration and establishment of Shenzhen digital exchange as the operation subject of Shenzhen data exchange in the future. Under the guidance of the Shenzhen municipal government and the National Information Center, Shenzhen Data Trading Co., Ltd., jointly established by Shenzhen Trading Group Co., Ltd., Shenzhen Smart City Technology Development Group Co., Ltd. and Shenzhen Futian New Generation Industry Investment Service Co., Ltd., was officially registered and settled in Futian Hetao Shenzhen Hong Kong Science and technology innovation cooperation zone on December 1, 2021.

As the main body responsible for the establishment and operation of Shenzhen data exchange (Preparatory), Sdcc will explore and carry out data trading, continue to promote the high-quality development of Shenzhen’s digital economy, innovate and improve data trading rules, technical paths, standards and business models, adhere to compliance development, and build a safe, credible, controllable and traceable data circulation supervision system, Ensure the safe, orderly and large-scale flow of data elements, and accumulate experience for accelerating the cultivation of data element market in China.

Shenzhen digital communications said that since its establishment in December last year, it has carried out opinion collection and Discussion on issues related to data compliance and the construction of compliance system. The survey shows that first, science and technology companies account for a high proportion in the data trading market and have a strong willingness to participate in trading; Second, providers of data products / services also pay attention to cooperation in industry and technical standards, data capitalization, compliance governance and research related to compliance standards; Third, the ecology of public service institutions has begun to take shape.

- Advertisment -