Core Viewpoint - The National Bureau of Statistics announced the list of pilot projects for the 2025 Trusted Data Space Innovation Development, which includes 63 pilot projects across various sectors, aiming to enhance data resource sharing and innovation in the data industry [1][3]. Group 1: Pilot Project Overview - A total of 63 pilot projects were selected, comprising 13 cities, 22 industries, and 28 enterprises, with Changhong Co., Ltd. being the only enterprise from Sichuan province included for its "Intelligent Manufacturing Supply Chain Collaborative Trusted Data Space" project [1][3]. - The pilot projects are designed to create a replicable model for trusted data space, focusing on data resource sharing, value co-creation, and innovation in data circulation mechanisms [3]. Group 2: Changhong's Trusted Data Space Project - Changhong's project utilizes a national-level "dual-cross" industrial internet platform, establishing a framework of "1+4+N" which includes one data circulation service hub and four foundational data capability modules [4]. - The project aims to address core issues such as reluctance to share data, fear of data circulation, and lack of usage capabilities within enterprises [4]. Group 3: Collaborative Ecosystem - Changhong is building an operational system for the trusted data space, collaborating with various partners to drive large-scale applications in manufacturing collaboration, supply chain finance, and AI applications [5][8]. - The project emphasizes a business scenario-driven approach, focusing on open data products and collaborative ecosystem benefits, aiming to enhance supply chain resilience and innovation capabilities [8].

Economic Overview - Beijing's GDP for the first half of the year reached 25,029.2 billion yuan, with a year-on-year growth of 5.5% [3] - The city's total retail sales amounted to 6,734.2 billion yuan, reflecting a year-on-year decline of 3.8% [3] Retail Sector Insights - Retail sales in categories such as gold and jewelry, sports and entertainment products, and cosmetics saw year-on-year increases of 36.1%, 9.3%, and 7.6% respectively [3] - Basic living goods like grain and oil, and daily necessities also experienced growth, with increases of 13.9% and 2.7% respectively [3] Consumption Trends - The decline in retail sales is attributed to insufficient effective demand, intense market competition, and changes in business models [4] - The automotive sector faced a downturn, with retail sales of automobiles and related petroleum products decreasing due to weak demand [4] Future Consumption Goals - Beijing aims for an average annual growth of around 5% in total market consumption by 2030, with plans to create 2-3 new consumption landmarks worth over 100 billion yuan [4] - The city has introduced 24 measures to stimulate consumption, focusing on enhancing consumer experience and optimizing the consumption environment [5] Service Consumption Growth - Service consumption in Beijing grew by 4.7% year-on-year, driven by a rise in experiential consumption such as film festivals and concerts [5] - Despite the growth in service consumption, the overall market total consumption growth was modest at 0.9% year-on-year [5]

Group 1 - The core viewpoint emphasizes the need for a stable yet progressive approach in macroeconomic policies to achieve high-quality development and technological self-reliance, as highlighted by General Secretary Xi Jinping [1][7] - In the first half of the year, a series of coordinated policies have been effectively implemented, leading to a stable economic operation and the growth of new economic drivers [1][7] Group 2 - During the "14th Five-Year Plan" period, significant progress has been made in building a strong intellectual property nation, as reported by the National Intellectual Property Administration [9] - The agricultural and rural economy has shown a positive development trend in the first half of the year, with early rice harvest reaching approximately 60% [2][10] Group 3 - The national postal industry reported a total delivery volume of 1,045.1 billion items in the first half of the year, reflecting a year-on-year growth of 16.9% [11][12] Group 4 - The national electricity load reached a historical high of 1.506 billion kilowatts as of July 16, marking an increase of 0.55 billion kilowatts compared to the same period last year, with overall power supply remaining stable [18]

Group 1 - The National Bureau of Statistics announced the first batch of pilot projects for trusted data space innovation development, which includes 63 selected projects [1] - The selected projects consist of 13 cities, 22 industries, and 28 enterprises [1] - Notable companies included in the pilot list are Shanghai Data Group Co., Ltd., Ningbo Digital Industry Group Co., Ltd., China Southern Power Grid Co., Ltd., Guangzhou Data Group Co., Ltd., and China Automotive Data (Tianjin) Co., Ltd. [1]

Core Viewpoint - The article announces the establishment of the 2025 pilot list for the innovative development of trusted data spaces, in line with the "Action Plan for the Development of Trusted Data Spaces (2024-2028)" [1] Group 1 - The pilot list was determined through a process of application recommendation, expert review, and public announcement [1] - Local data management departments and central enterprises are urged to prioritize the management and service of pilot projects [1] - The article emphasizes the importance of practical implementation and suggests that relevant policies and financial support should be provided to create a conducive environment for the pilot work [1]

Group 1 - Zhengzhou has been selected as one of the 13 national pilot cities for the "Innovative Development of Trusted Data Space" project, marking a significant breakthrough in the market-oriented allocation of data elements [2][3] - The pilot project aims to achieve at least 60% coverage of public data and 50% coverage from government, enterprises, and leading industries in Zhengzhou by 2027 [2] - The project is expected to generate profits within five years, driving the data transaction scale in Zhengzhou to exceed 10 billion and the digital economy scale to reach 800 billion [2] Group 2 - Zhengzhou Smart Technology Group has gained national recognition for its technical strength and practical achievements in supporting the construction of "Digital Zhengzhou" [3] - The group will focus on building a data service system that supports the city's digital transformation, with an emphasis on sectors such as finance, healthcare, logistics, agriculture, and AI [3] - The initiative aims to create a prosperous data ecosystem by attracting diverse data service providers and developing high-value application scenarios, contributing to the national construction of trusted data space [3]

Core Points - The Hubei Provincial Data Bureau has issued an action plan to develop a credible data space, aiming to establish over 30 interconnected and resource-rich data spaces by 2028, with at least 300 application scenarios and 2000 data products [1][2] - The action plan emphasizes the importance of creating various types of credible data spaces, including urban, enterprise, industry, cross-border, and personal data spaces [1] - The plan targets key sectors for expanding the application of credible data spaces, focusing on industrial chain development, digital transformation for SMEs, scientific research, public data utilization, smart city governance, healthcare, logistics, data finance, and artificial intelligence [1][2] Group 1 - The action plan outlines the goal of building a comprehensive technical, operational, ecological, standard, and security system for credible data spaces by 2028 [1] - It highlights the need for a collaborative and efficient enterprise data space and the cultivation of industry-specific data spaces [1] - The plan aims to enhance the value of data through various applications, including supporting innovation and improving urban governance [1] Group 2 - The action plan proposes to improve the market-oriented operational mechanisms for credible data spaces, focusing on professional operational capabilities and service systems [2] - It emphasizes the importance of data security and the establishment of clear responsibilities and boundaries for resource interaction [2] - The plan specifically promotes the application of credible data spaces in the artificial intelligence sector, targeting key areas such as manufacturing, transportation, healthcare, education, tourism, and environmental protection [2]

Core Insights - The establishment of trusted data spaces aims to resolve data circulation challenges and enhance the value of data elements through distributed architecture and consensus mechanisms [2][3] - The initiative is expected to create new opportunities for the data industry and significantly impact various sectors, driving high-quality economic development [2] - By 2028, the goal is to establish over 100 trusted data spaces, achieving breakthroughs in operations, technology, ecology, standards, and security [1] Group 1: Trusted Data Space Development - The National Data Bureau has announced a pilot list of 63 enterprises for the 2025 trusted data space innovation development project, categorized into urban, industry, and enterprise directions [1] - The project aims to cultivate a rich resource environment, innovative applications, and a prosperous ecosystem for trusted data spaces over two years [1] - Trusted data spaces are seen as essential infrastructure for data resource sharing and are crucial for building a unified national data market [1] Group 2: Industry Impact - Trusted data spaces are expected to facilitate efficient connections and cross-domain sharing of industrial data resources in key sectors such as equipment, new energy vehicles, and energy [2] - In the financial sector, trusted data spaces will enhance the sharing and deep mining of customer credit data and market risk data, improving risk assessment models [2] - The integration of government data, supply chain information, and consumer behavior in credit risk scoring models can significantly improve risk identification accuracy [2] Group 3: Financial Ecosystem Collaboration - The construction of trusted data spaces promotes collaboration and value co-creation within the financial ecosystem, involving banks, regulatory bodies, technology companies, and core enterprises [3] - Financial modeling, as a key tool in this ecosystem, provides precise decision support and risk management services by integrating diverse data resources and technologies [3] - The application of artificial intelligence and cross-industry data fusion is becoming a trend, expanding the use of financial modeling beyond traditional finance professionals to fields like accounting and finance [3]

Group 1 - The core development of cross-border data services between Shenzhen and Hong Kong has progressed with the launch of three major products: Shenzhen-Hong Kong Data Center, Qianhai Medical Cross-Border Data Space, and Cross-Border Compliance Service Platform for Enterprises [1][2] - The Shenzhen-Hong Kong Data Center aims to reduce the reliance of Hong Kong institutions on overseas cloud services, significantly lowering computing and storage costs for Hong Kong enterprises [1] - The Qianhai Medical Cross-Border Data Space enhances medical service efficiency for Hong Kong residents by facilitating data sharing between hospitals and insurance companies, with the first application scenario being specialized medical services for Hong Kong residents at Southern Medical University Shenzhen Hospital [1] Group 2 - The Cross-Border Compliance Service Platform for Enterprises provides a one-stop solution addressing the complexities of external regulations, diverse data scales, and real-time sensitivity, including risk assessment and AI intelligent detection [2] - The "International Cross-Border Trusted Data Space - Shenzhen-Hong Kong Station" is established to facilitate data resource sharing and create a data circulation infrastructure, supporting the construction of a unified national data market by 2028 [3] - The International Data Space Association (IDSA) promotes the "sovereign data exchange" model to tackle data fragmentation and trust issues, aiming to reduce compliance risks for enterprises [3] Group 3 - The Qianhai area has been actively promoting cross-border data flow initiatives, with the launch of the Shenzhen-Hong Kong Data Cross-Border Security and Convenience Channel, which will initially focus on the medical sector [4] - The channel supports various medical data cross-border scenarios, including medical record sharing and remote diagnosis, enhancing cross-border medical services for residents in the Greater Bay Area [4] - Future plans include accelerating the construction of the Shenzhen-Hong Kong Data Cross-Border Security and Convenience Channel and offshore data centers to leverage the multiplier effect of data elements [4]

Core Viewpoint - The establishment of a standardized system for trustworthy data spaces is crucial for enhancing data resource sharing and creating value in the data economy, as highlighted in the new report on trustworthy data spaces [2][4]. Group 1: Trustworthy Data Space Overview - Trustworthy data space is defined as an infrastructure for data circulation and utilization based on consensus rules, enabling shared use of data resources among multiple parties [2]. - The National Data Bureau plans to initiate pilot projects for trustworthy data spaces across enterprises, industries, and cities to promote efficient data circulation [3][4]. Group 2: Development Plans and Goals - The "Action Plan for the Development of Trustworthy Data Spaces (2024-2028)" aims to establish over 100 trustworthy data spaces by 2028, along with developing data space solutions and best practices [4]. - The pilot projects will focus on creating a data circulation system led by major enterprises, developing high-value industry databases, and integrating public, enterprise, and personal data in urban settings [4]. Group 3: Market Potential and Predictions - According to IDC, the market size for trustworthy data spaces in China is expected to reach 3.04 billion RMB by 2025, with urban data spaces accounting for over 56% of this market [4]. - The growth of industry and enterprise data spaces is anticipated to surpass that of urban data spaces as the application of data elements deepens [4]. Group 4: Funding and Support - The National Data Bureau will coordinate various financial resources to support the construction of trustworthy data space systems, key technology breakthroughs, project incubation, and application services [5].