独家解读：关于TikTok方案，几个关键信息

Core Points - The core development is the agreement reached between China and the U.S. regarding TikTok's operations in the U.S., which includes a framework for data security and investment barriers [1][3][10] Group 1: Agreement Details - The framework agreement allows for the establishment of a U.S. joint venture for TikTok's data security operations, with ByteDance retaining the largest single shareholder position [3][9] - TikTok's U.S. data security company (USDS) will be responsible for user data storage, content security, and software checks, while ByteDance will continue to operate its commercial activities through its U.S. subsidiary [3][4][10] - The algorithm remains owned by ByteDance, which will grant USDS the usage rights, subject to approval from the Chinese Ministry of Commerce [5][6][9] Group 2: Implications and Future Outlook - The agreement is seen as a recognition of TikTok's existing business model in the U.S. and aims to balance national security concerns with corporate interests [9][10] - The TikTok framework may serve as a model for other Chinese companies navigating geopolitical challenges, potentially influencing cross-border data governance practices globally [10]