Overall Requirements - The article emphasizes the importance of adhering to Xi Jinping's thoughts and the spirit of the 20th National Congress, focusing on comprehensive implementation of new development concepts and balancing development with security [1] Education, Technology, and Talent System Reform - The article highlights the need for efficient collaboration between industry, academia, and research, advocating for the role of leading technology enterprises as "problem solvers" [2] - It discusses the exploration of new compensation management systems for research institutions and the reform of research funding management [2] - The article calls for the integration of education and industry to cultivate high-quality, innovative talents, particularly in engineering and technology fields [3] - It mentions the importance of enhancing support mechanisms for overseas talent recruitment and providing greater autonomy to employers in managing talent [3] Empowering the Real Economy - The article outlines the establishment of incentive mechanisms for financial services to support the real economy, including pilot projects for integrated financial services in technology industries [4] - It discusses the innovation of systems to support emerging industries, including the establishment of a comprehensive service system for technology transfer and commercialization [4] - The article emphasizes the need for market-oriented reforms in data elements, including the exploration of data trading and circulation mechanisms [5][6] Open Economic System - The article advocates for the optimization of goods trade and the support of new business models, particularly in customs facilitation and trade logistics [7] - It highlights the importance of enhancing service trade and exploring pilot projects for high-value, environmentally friendly services [7] - The article discusses the need for improved mechanisms for personnel mobility, including reforms to facilitate the practice of professionals from Hong Kong and Taiwan in Shenzhen [7] Governance Model - The article emphasizes the need for improved public service levels, particularly in healthcare and drug regulation [8] - It discusses the reform of land and natural resource management systems to enhance efficiency and sustainability [8] - The article highlights the importance of judicial reforms to establish a comprehensive mechanism for resolving commercial disputes [9] Implementation and Evaluation - The article stresses the importance of strong leadership and coordination in implementing reform measures, ensuring that tasks are effectively executed [10] - It calls for the establishment of a robust evaluation and promotion system for pilot reform experiences, ensuring timely adjustments to ineffective measures [10]

数字经济时代，数据作为关键生产要素价值日益凸显。据6月6日国家数据局消息，我国将在北京、浙 江、安徽等地部署建设10个国家数据要素综合试验区，支持各地在培育经营主体、繁荣壮大数据市场等 方面开展先行先试，全面释放实体经济和数字经济融合效能。 全联并购公会信用管理委员会专家安光勇在接受《证券日报》记者采访时表示："当前我国数据市场建 设还处于起步阶段，顶层政策与试验区建设为数据要素市场按下'加速键'。要最大程度释放数据要素价 值，需质量、合规、场景、资本、人才五路并进，把数据从'成本中心'转变为跨周期增长的'乘数效应发 动机'。" 政策红利持续释放 数据要素的市场化、价值化，受到政府的高度重视。5月26日下午，国家数据局党组书记、局长刘烈宏 主持召开培育全国一体化数据市场座谈会。会议提出，要深入贯彻落实党中央、国务院决策部署，大力 推动数据要素市场化价值化，让数据要素价值加快"显性化"。市场化是手段，价值化是目的。既要积极 推动公共数据开发利用，持续发力数字政府建设和经济社会发展；又要积极推动企业用数创新，让数据 要素价值体现在企业降本增效里，体现在培育新质生产力中，体现在赋能经济社会高质量发展上。 此前，支持 ...

Commercial Aerospace - Globalstar is expanding its second-generation direct-to-device (D2D) satellite constellation to provide network coverage for Apple devices, with Apple set to pay up to $1.1 billion to enhance iPhone's non-ground network connectivity [1] - The commercial aerospace sector is experiencing rapid development in reusable rockets and low-orbit satellite constellations, marking a dual turning point for China's commercial aerospace industry [1] - The low-orbit satellite launch acceleration is driving a comprehensive upgrade of the "satellite manufacturing-launch-application" chain, with low-orbit communication satellites being a significant future trend [1] Military Industry - The China Weaponry Equipment Group has received approval for a restructuring that will separate its automotive business into an independent central enterprise, which will not significantly impact the normal operations of related companies [2] - Analysts expect military industry orders to see a turning point by 2025, driven by new technologies and products aimed at enhancing equipment performance or reducing costs [2] - The restructuring is anticipated to lower the asset-liability ratio of the weaponry group to below 50%, enhancing financing cost advantages and increasing the expectation of asset securitization [2] Foldable Phones - Huawei's new tri-fold smartphone is expected to debut in the second half of the year, featuring an upgraded processor and imaging capabilities, while the first-generation model has seen strong sales [3] - The MateXT tri-fold phone, released in September 2024, achieved significant sales success, with all models selling out immediately and second-hand prices reaching up to 68,000 yuan [3] - The new tri-fold model is expected to generate renewed interest in the market, benefiting companies within the supply chain [3] Metformin - A study from the University of California, San Diego, found that women with type 2 diabetes taking metformin have a 30% higher chance of living to 90 years or older compared to those using sulfonylureas [4] - Metformin is being recognized for its potential anti-aging properties, with mechanisms including improved insulin sensitivity and cellular repair [4] Data Elements - The National Data Bureau announced the establishment of 10 national data element comprehensive pilot zones in various regions to support the development of data markets and enhance the integration of the digital and real economies [5] - The pilot zones aim to explore data value release paths and stimulate market growth, potentially creating an additional 100 trillion yuan in asset scale once data assets are recognized [5]

Group 1 - The National Data Bureau is leading the development of a national integrated data market policy document, emphasizing the need to accelerate the marketization and value realization of data elements [1][2] - The Ministry of Commerce and seven other departments have launched a special action plan to accelerate the development of intelligent supply chains, aiming to cultivate around 100 leading enterprises in the national intelligent supply chain by 2030 [2][3] - The electronic information manufacturing industry is set to undergo digital transformation, with a target of achieving over 85% CNC rate in key processes of large-scale enterprises by 2027 [3][4] Group 2 - The National Data Standardization Technical Committee is soliciting pilot units for six key standard and technical document verification directions, including data infrastructure and high-quality datasets [5] - Guangdong Province is advancing its digital construction by establishing a provincial data group and implementing public data resource development policies, aiming to enhance the data trading environment [6]

Core Insights - China is accelerating the reform of data factor marketization, aiming to establish a unified national data market by 2025 [1][2][3] Group 1: Policy and Strategic Goals - The National Data Bureau is developing policy documents to foster a national integrated data market, focusing on new characteristics of data market development [1][2] - By 2025, the National Data Bureau plans to refine data circulation and trading rules, promote data resource and product development, and establish a monitoring system for data market operations [2][3] Group 2: Challenges and Considerations - The construction of a national integrated data market faces challenges such as inconsistent rules, lack of trust, and the need for unified standards [3][4][7] - Key challenges include balancing data sharing needs with ownership clarity, ensuring data value release while managing security risks, and protecting corporate interests while fostering data collaboration [7][8] Group 3: Expected Outcomes and Innovations - The establishment of a national integrated data market is seen as crucial for enhancing digital economic development and achieving high-quality growth [4][9] - There is an emphasis on fostering operational entities, improving market infrastructure, and promoting innovative data applications across various industries [8][9]

Core Insights - The article emphasizes the acceleration of data factor marketization reforms in China, highlighting the role of data as a new production factor and the importance of data value extraction for the digital economy's high-quality development [1][2]. Group 1: Policy and Market Opportunities - The Chinese government has introduced several policies to establish a foundational data system, recognizing data's strategic position as a new production factor [2]. - The company aims to leverage these opportunities with a mission to "release data value and drive intelligent transformation," creating a complete service chain from data resource to assetization [2]. Group 2: Comprehensive Service Capabilities - The company provides a one-stop data factor service through its self-developed technology platform and industry experience [4]. - Services include data hosting and governance for both government and enterprise sectors, ensuring compliance and effective data management [6]. - The company develops various data products tailored to governmental and enterprise needs, including demographic, transportation, and economic statistics [7]. Group 3: Data Transactions and Financial Services - The company facilitates data transactions through a data exchange platform, supporting API calls and customized data product analysis [8]. - It promotes data asset "entry into the balance sheet," connecting with financial institutions to offer services like data pledge financing and data insurance [9]. Group 4: Social Responsibility and Future Directions - The company actively participates in the establishment of data market standards and collaborates with academic institutions on data security and privacy protection [11]. - Future plans include enhancing service capabilities and exploring innovations at the intersection of data factors with AI and IoT technologies [11]. Group 5: Company Overview - The company specializes in full lifecycle data factor services and intelligent transformation, aiming to maximize data value for governments and enterprises [12]. - It has developed a comprehensive capability system covering data production, governance, rights confirmation, evaluation, and circulation [12]. - The company has over 100 industry qualifications and patents, with a service network spanning across major cities in China [12].

Group 1 - The Trusted Data Space Development Alliance was established on April 29, 2025, to promote the construction of a national integrated data market and accelerate the practical promotion of trusted data space [1] - Digital China Holdings Limited and its subsidiary, Shenqi Digital Co., Ltd., were approved as members of the alliance, recognizing their achievements in data security, trusted circulation, and digital transformation [1][2] - The alliance aims to focus on industry pain points and practical needs, promoting the development of key results and cultivating significant benchmarks in trusted data space [1] Group 2 - Digital China Holdings has a unique first-mover advantage in the data element field, with its Yanyun DaaS product covering the entire data lifecycle [2] - The company has launched Yanyun Infinity in collaboration with Peking University, creating a value loop from "Data for AI" to "AI for Process" [2] - The company's trusted data space solutions have been applied in various sectors, including government, supply chain, and finance, and are actively promoting the establishment of trusted data space standards [2] Group 3 - The company initiated a logistics data open interconnection initiative with Beijing Jiaotong University and China Data Union Logistics to accelerate the release of data element value in the logistics sector [3] - Trusted data space is seen as a key lever for the marketization and valuation of data elements, providing a safer and more efficient infrastructure for market allocation [3] - Membership in the Trusted Data Space Development Alliance offers opportunities for expanding the data element market, enhancing ecological cooperation, and promoting industry standard formulation [3]

中经记者 蒋牧云 李晖 温州 北京报道 国家数据局开展数据基础设施建设先行先试已半年有余，各地推进成果如何？ 《中国经营报》记者近日在2025数据安全发展大会上获悉，作为试点城市的温州市的数场、可信数据空 间、数联网、数据元件、隐私保护计算、区块链等6项国家数据基础设施建设先行先试成果已投入使 用。 在采访中，多位参与试点建设的业内人士告诉记者，基于温州市设立的配套制度，以及技术应用，使得 在具体场景中不同行业、不同部门之间的数据得以打通，并释放数据价值。一定程度解决了数据交易 中"红线不清、场景不明"问题。 从温州实践来看，则是在设施架构上进行了价值探索。具体拆解温州此次投用试点，可将其看做一个三 层架构的综合数据基础设施——顶层为区域、全域的功能节点，是由温州市数据集团统建的管理平台以 及基础支撑平台，负责统一接口管理、身份登记、目录标识等。 中层为趣链科技、安恒信息等多家生态厂商共建的业务节点层面，分为数场流通利用平台、隐私保护计 算公共服务平台、区块链公共服务平台、公共数据授权平台、数据元件加工管理平台。 底层则为数据流通链，各厂商通过连接器接入，并通过连接器发布需求，获取数据产品。 作为中间层的关键 ...

最近全球资本市场的"风向标"突然变了！欧洲央行暗示年内降息，美联储通胀数据缓和，市场对6月暂停加息、 下半年降息的预期迅速升温。 这一变化直接带动了外资加速回流A股，哪些方向值得布局？ 欧洲央行"松口"，释放降息信号 5月22日，欧洲央行行长拉加德在讲话中明确表示："通胀已进入下降阶段"，市场将其解读为6月可能开启降息的 信号。 受此影响，欧元区债券收益率全线下跌，德国10年期国债收益率一度跌破2.4%，为近8个月来最低水平。 美联储通胀降温，但"鹰鸽博弈"持续 美国4月CPI同比上涨4.9%（前值5%），核心CPI录得5.5%，虽连续10个月回落，但仍高于美联储2%的目标。 资料来源：WIND、美国劳工部、长城证券产业金融研究院； 不过，市场更关注的是"薪资增速放缓"和"商品通胀降温"信号。芝商所数据显示：市场预计美联储6月维持利率 不变的概率升至80%，9月降息概率超过50%。 国际投资环境的变化直接带动了外资加速回流A股—— 北向资金"买买买"，单周净流入超300亿 截至5月20日当周，北向资金连续8天净买入，单周净流入达320亿元，创下年内新高。从持仓方向看，外资正从 传统的金融、能源板块转向科技与消 ...

我们平时上网的时候，都会碰到这样的场景：需要输入身份证号或者录入人脸进行实名认证。通常在几 秒内，页面就会反馈是否认证成功。而互联网服务提供商大多是商业机构，为何能认证个人数据？ "事实上，服务商并不能够直接认证个人数据，而是需要像我们这样的'中间人'，确保数据安全。"贵州 数据宝网络科技有限公司合伙人杨光应介绍，"以人脸识别为例，用户上传信息以后，会在我们的后台 自动生成代码并进行加密传输，与数据持有方的人脸代码进行比对，能迅速反馈是否一致。通常响应时 间在500毫秒以内，没有人为介入，人脸或身份数据不会以原始的样态进行传输。" 上述案例只是数据宝公司业务内容之一，这家致力于为国有数据资源方提供数据要素全生命周期管理服 务的企业，于2016年落户贵州贵安新区。当时，贵安新区数据产业处在萌芽阶段，数据应用生态尚未成 形。"我们看中的是贵安新区地处首个国家级大数据综合试验区的战略机遇。"杨光应介绍，经过近9年 的发展，公司已经成为国有数据资产增值运营服务商、数据要素市场化领军企业。 去年8月，数据宝公司负责的贵州首单旅游景区数据资产入表项目在兴义市万峰林景区启动。"通过对景 区数据资源进行盘点与梳理，经过合规确 ...