On March 31, the 38th meeting of the Standing Committee of the 15th Beijing Municipal People’s Congress voted and adopted the regulations on China (Beijing) pilot free trade zone today. The regulations will come into force on May 1, 2022. In terms of the development of digital economy, the regulations stipulate to strengthen the construction of a new generation of information infrastructure in the pilot Free Trade Zone, support the deep integration of data resources and industrial development, explore and formulate information technology security, data privacy protection and cross-border data flow management rules, promote the establishment of relevant data transaction standards and circulation service system, and carry out international cooperation in the digital field on the premise of controllable risk.
At present, data transaction is in its infancy in China, but the process is accelerating: with the penetration of digital technology in various fields and industries, data is accumulated and precipitated in the development and operation of business, which contains high value. In recent years, under the background of continuous improvement of the system, five data exchanges have been put into operation, located in Guizhou, Shaanxi, Beijing, Shanghai and Hunan respectively, while the trading centers in more provinces and cities such as Zhejiang are in the process of preparation. Taking Shanghai data exchange as an example, on the first day of its unveiling, Shanghai Electric Power Co.Ltd(600021) provided Industrial And Commercial Bank Of China Limited(601398) with “enterprise intelligent drawing” data products for enterprise credit investigation, while JD technology obtained China UnionPay “UnionPay intelligent strategy” and other data resources.
According to the theme database of financial Associated Press, among the relevant listed companies:
Dbappsecurity Co.Ltd(688023) as a leading network security enterprise in China, the company actively applies its technical reserves in the field of data security and actively participates in the data element market. On the one hand, the company, as the initiator, holds 27% equity of Zhejiang big data Trading Center Co., Ltd. and deeply participates in its operation.
Beijing E-Hualu Information Technology Co.Ltd(300212) is the leader of China’s Blu ray data lake model. Relying on the natural advantages of data Lake in the field of massive cold data storage, the company actively explores data capitalization and data operation business and puts forward the “data bank” model.
