Fully release the value of data elements to expand to multiple fields

release time:2021/8/21

The 14th Five-Year Plan emphasizes "accelerating digital development", "building a digital China" and "activating the potential of data elements". Last year, China promulgated the "Data Security Law", and now the implementation of the Local Shenzhen "Shenzhen Special Economic Zone Data Regulations"...... A series of measures show that the whole society is speeding up the reform of market allocation of data factors, stimulating the vitality of the data factor market, promoting the scientific and orderly flow of data factors, and fully releasing the kinetic energy of the data factor market.

How to take this express train, fast into the golden age of digital economy? Recently in the "exploration of data asset evaluation methods to promote the construction of data elements market" seminar, the experts discussed this.

Shi Chenyang, general manager of the information technology department of China Everbright Bank, said that in the digital economy era, the factors of production are no longer limited to traditional factors such as land, labor and capital. As a new basic factor of production, data has entered into economic activities and played a multiplier role for other factors of production. Especially in the period of epidemic prevention and control and resumption of work and production, the value and power of big data has been recognized and relied on by the whole society.

Sun Ke, deputy director of the Policy and Economic Research Institute of the China Academy of Information and Communication Technology, said that the value of China's data elements has begun to show results. Massive data collection and aggregation, right confirmation and trading, circulation and sharing are accelerating along the direction of data resource, data asset and data capitalization. Data resource recycling makes disordered and chaotic data into orderly and useful data resources. For example, through the collection, mining, labeling and analysis of original data, high-quality data can be formed to drive industrial development. In addition, emerging industries such as data labeling have emerged in recent years. As the basic link of ARTIFICIAL intelligence, data labeling is of great significance for promoting industrial agglomeration and development, cultivating artificial intelligence industry and promoting economic structure transformation. The existing data labeling services mainly focus on intelligent driving, smart home, medical and health care, financial services, new retail and other fields. In the future, as more vertical industries enable the digital economy, new demands will continue to emerge, and the threshold of data labeling market will gradually increase, and data labeling will change from simple to complex.

According to industry insiders, data-driven innovation is expanding and deepening in many sectors of the economy and society. Relying on data analysis, industry, agriculture and service industry will gradually realize fine management, lean production, precision marketing, precision planning and smart agriculture, and give birth to a large number of new technologies, new industries, new models and new forms of business.

"However, due to the data is easy to copy, can be processed many times, the form of diversity, non-physical non-consumable and many other characteristics, making the data in circulation encountered many difficulties." Yang Bingbing, vice president of China Everbright Bank, said that the market of data elements needs to have three conditions at the same time: data confirmation right from the legal perspective, data pricing from the financial accounting perspective, and data transaction from the market perspective. Data confirmation is the premise of data element circulation, which can fully protect the rights and interests of all parties involved in data circulation; Data pricing is the basis of data element circulation to ensure that data gradually tends to fair price with the participation of the market; Data transaction is the key to the flow of data elements. Orderly flow of data elements can be realized by gradually improving the trading mechanism.

To the scientific and orderly development of the market data elements, chen-yang shi recommendations of two aspects: on the one hand, through the positive policy, activate market data elements, such as the top design, promote and perfect a variety of support policy, set up a pilot mechanism and encourage trust, data and a variety of data market model, such as asset securitization, through policy to market a certainty; On the other hand, we should guide the orderly development of the market in a prudent and inclusive manner, maintain the market order of fair competition and ensure the rapid development of the market on a healthy track by establishing transaction arbitration mechanism, carrying out industry self-discipline, guiding pricing to a certain extent and formulating standard measures for sharing data.

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