On July 24, Director Xu Xiao, the person in charge of Longan Yangzhou and a senior expert advisor at the Longan Bay ASEAN Legal Research Center, and Lawyer Chen Huan, the director of the Longan Bay Artificial Intelligence Law Research Center and the deputy minister of the Longan Guangzhou Digital Economy Department, visited the Guangzhou Data Exchange. They held in-depth discussions with Wang Jun, the deputy general manager of the Compliance Department of Guangzhou Data Exchange, and Jiang Zhengyang, the senior manager of the Compliance Department, regarding issues related to data assets and the digital economy.

Under the leadership of Deputy General Manager Wang Jun and Senior Manager Jiang Zhengyang, the group visited the Guangzhou Data Exchange. With its functional orientation of “based in Guangdong, targeting the Bay Area, and serving the whole country”, Guangzhou Data Exchange seizes the major development opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area. It adheres to the principle of “no registration without a scenario, no trading without registration, and no listing without compliance”, and all trading activities are conducted within a framework of compliance and safety.

During the closed-door seminar, all parties engaged in in-depth exchanges on topics such as the construction and development of the data element market, data trading service models and the data business ecosystem, and the inclusion of data assets in financial statements and their implementation. With a keen market sense, Director Xu Xiao proposed a series of practical suggestions for further deep cooperation between the offices in Longan and Guangzhou Data Exchange. Lawyer Chen Huan, from a practical perspective, shared new problems and solutions encountered in providing data inclusion services to enterprises, such as “data product design” and “data compliance review”.

Recently, Lawyer Chen Huan from Longan Guangzhou has successfully obtained the professional qualification certification of “Data Compliance Consultant” issued by Guangzhou Data Exchange.

At the meeting, all parties expressed their hope that Guangzhou Data Exchange and the offices in Longan would leverage their respective strengths and continue to cooperate deeply in areas such as the data element market, cross-border data circulation, and the inclusion of data assets in financial statements, thereby contributing to the development of data elements, the development and opening up of data resources, and their circulation and utilization.

· Guangzhou Data Exchange ·

In accordance with the strategic plans of the Guangdong Provincial Party Committee and Government, and with strong support from the Guangzhou Municipal Party Committee and Government, as well as under the careful guidance of the Provincial Government Service and Data Administration Bureau and the Municipal Government Service and Data Administration Bureau, Guangzhou Data Exchange was established on September 30, 2022. With its functional orientation of “based in Guangdong, targeting the Bay Area, and serving the whole country”, Guangzhou Data Exchange seizes the major development opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area. It builds a full-chain data trading ecosystem, engages deeply in industries, and continuously fosters influential benchmark scenarios, creating a series of innovative platforms.

As a core hub of the Guangdong Provincial data element market system, Guangzhou Data Exchange thoroughly implements the work requirements of the Guangdong Provincial Party Committee and Government, which emphasize “the real economy as the foundation and manufacturing as the mainstay”. It adheres to the concept of “the integration of data and reality”, and follows the business philosophy of “credit as the foundation, quality as the basis, and the ecosystem as the key”. It goes into fields and workshops to establish a trading service system of “multiple bases and platforms, covering all cities and industries”, and actively explores practical paths for data elements to enhance the high-quality development of the real economy. So far, unique data products have been created in 24 industries, including intelligent manufacturing, agriculture, forestry, animal husbandry, and fishing, health and wellness, transportation, environmental protection, industrial parks, meteorological services, and finance.