Core Insights - The article discusses the emerging business of "data processing" in the context of international data handling, highlighting the challenges of compliance and technical costs faced by companies in this sector [1][2][3] - The establishment of the Lingang New Area as a hub for international data processing is emphasized, showcasing its advantages in infrastructure and regulatory innovation [7][8][9] Group 1: Business Development - Lingang Zhihua has grown to 300 employees since its establishment, driven by the new "data processing" business, which involves transforming raw overseas data into usable data products [1] - The demand for international data processing is increasing, with companies like Junyue Shenghui leveraging the Lingang cross-border base to expand their operations in Southeast Asia [5][6] Group 2: Regulatory and Infrastructure Advantages - The Lingang New Area is implementing a cross-border data management system to facilitate efficient and secure data flow, addressing compliance and cost issues [3][8] - The area has established dedicated international data centers with core and edge nodes to support businesses in data processing, ensuring low latency and high bandwidth [7][8] Group 3: Cost Reduction Initiatives - The introduction of a "group purchase" model for international data lines aims to reduce application time by about one month and cut costs by 80% for companies [8] - Financial support measures include up to 10 million yuan in subsidies and zero-rent spaces for key sectors, facilitating the expansion of digital enterprises [8][9] Group 4: Talent and Skill Development - The demand for skilled personnel in data annotation is critical, with Lingang's talent pool from local universities meeting the needs for various language skills [9] - The complexity of data annotation requires specialized knowledge, particularly for tasks related to large models, highlighting the importance of a qualified workforce [9]