Group 1 - The Shenzhen Cultural Property Exchange has seen a steady increase in transaction volume since 2025, with online platform transactions reaching 100.5 billion yuan on October 23, successfully surpassing the 100 billion yuan mark, and a cumulative total of 110.54 billion yuan as of November 3 [1] - Since its establishment of the National Cultural Big Data Trading Center in 2022, the Shenzhen Cultural Property Exchange has focused on addressing the core issues of "difficulties in rights confirmation, pricing, and circulation" of cultural data, aiming to unlock a large number of high-quality cultural resources that have long been "dormant" [1] - The exchange has developed a dual-engine trading ecosystem driven by "cultural property elements" trading and "cultural big data" trading, creating a unique trading model that combines digital and physical elements [1] Group 2 - The Shenzhen Cultural Property Exchange has been actively exploring an "internet-based trading" model, focusing on four aspects: market, ecosystem, service, and standards, to provide comprehensive support for the entire industry chain [2] - The exchange aims to broaden trading scenarios and provide more professional digital services to market entities, assisting local governments in upgrading cultural industries and integrating digital culture into the real economy [2] - Experts suggest that to empower the real economy with cultural data, it is essential to break through the limitations of "single-point connections" and form a closed loop of "demand-driven—data supply—scene implementation—value feedback" [2] Group 3 - The Shenzhen Cultural Property Exchange has a historical mission of being a testing ground for the market-oriented allocation of cultural elements since its inception [3] - There is a call for the exchange to promote the standardization and financialization of cultural assets, develop a technology-driven risk control system, and expand transaction mechanisms that enhance liquidity and multi-scenario integration [3] - The exchange is encouraged to transform cultural data from "resources" into "assets," establish a unified national system for rights confirmation, assessment, and trading standards, and foster collaborative development with universities, research institutions, and enterprises [3]

Core Insights - The Shenzhen Cultural Property Exchange has achieved over 100 billion yuan in online transaction volume through its national cultural big data trading center this year, highlighting the growth of digital agriculture and cultural asset trading platforms [1] Group 1: Digital Transformation in Cultural Industry - The Shenzhen Cultural Property Exchange has expanded its projects to include digital new consumption and cultural technology assets, enhancing transaction scenarios and digital empowerment of the cultural industry [1] - The exchange has developed over 10 incubation cooperation projects, including cultural artworks and gold jewelry, to facilitate a diverse range of trading opportunities [1] Group 2: Addressing Core Challenges - Since its establishment in 2022, the national cultural big data trading center has focused on resolving key issues such as the difficulty in rights confirmation, pricing, and circulation of cultural data [1] - The exchange has created a dual-engine service system driven by "cultural property elements" and "cultural big data" to support efficient trading [1] Group 3: Innovative Trading Models - The Shenzhen Cultural Property Exchange has established a unique trading model that combines digital and physical elements, promoting the digitalization of artworks and the value transformation of cultural IP [1] - The exchange has implemented differentiated innovative trading scenarios, contributing to the efficient circulation of cultural data elements and the development of local cultural resources [1]

Core Insights - The national cultural big data trading center's online platform has surpassed a transaction volume of 100 billion yuan, reaching 110.54 billion yuan as of November 3 [1][2] - The Shenzhen Cultural Property Exchange aims to address challenges in cultural data rights, pricing, and circulation through a dual-engine trading ecosystem [1][2] Group 1: Trading Platform Achievements - The online platform's transaction volume reached 100.507 billion yuan on October 23, marking a significant milestone [1] - The platform is positioned as a comprehensive service platform for cultural property trading and investment financing [1] Group 2: Service Ecosystem Development - The Shenzhen Cultural Property Exchange is enhancing its cultural big data service ecosystem with initiatives like "four-link closed-loop" services and copyright certification [2] - The focus is on creating demonstration projects, such as the National Soundscape Port, to promote digital copyright international exchange [2] Group 3: Expert Consensus and Future Directions - Experts emphasize the need for "path innovation" and "standard co-construction" to effectively integrate cultural data into various industries [2][3] - The release of cultural data value will require improved national digital infrastructure and collaboration between academia and industry [3] - Future projects will cover areas like trusted data spaces and cultural heritage, aiming to broaden transaction scenarios and enhance digital services for market participants [3]

Core Insights - The Shenzhen Cultural Property Exchange has achieved a significant milestone with a trading volume of 100 billion yuan on its national cultural big data trading platform, marking a transition from "scale breakthrough" to "value cultivation" in China's cultural digital strategy [1][4][8] Group 1: Cultural Data Trading Ecosystem - Since its establishment of the National Cultural Big Data Trading Center in 2022, the Shenzhen Cultural Property Exchange has focused on addressing core issues such as "difficulties in rights confirmation, pricing, and circulation" of cultural data [2][4] - The exchange has developed a dual-engine trading ecosystem that integrates "cultural property element" trading and "cultural big data" trading, facilitating a nationwide digital empowerment and the creation of specialized trading sub-platforms [2][4] - The recognition from the national level, as outlined in the 2024 policy document, emphasizes the exchange's mission to deepen pilot projects and continuously innovate cultural data trading scenarios [2][4] Group 2: Integration of Cultural Data and Industries - The exchange has successfully established a "digital infrastructure" for the efficient circulation of cultural data elements, enabling the realization of the 100 billion yuan trading volume [4][8] - The strategic focus is not only on expanding trading scale but also on enhancing the cultural big data service ecosystem, including services like "four-link closed-loop" services and digital asset recognition [4][8] - The exchange aims to promote the integration of culture, technology, tourism, and finance, positioning cultural data as a catalyst for innovation in the real economy [4][8] Group 3: Pathways and Standards for Empowering Industries - The exchange collaborates with various sectors to explore pathways and standard systems for empowering the real economy with cultural data, emphasizing "path innovation" and "standard co-construction" [6][8] - A closed-loop model is proposed, which includes "demand-driven—data supply—scenario implementation—value feedback," particularly in sectors like tourism and manufacturing [6][8] - Establishing a unified standard system is crucial for reducing participation costs and stimulating industry vitality, covering aspects from data classification to transaction security [6][8] Group 4: Future Directions and Strategic Goals - The trading volume of 100 billion yuan is seen as just the beginning, with higher demands for the release of cultural data value during the "14th Five-Year Plan" and "15th Five-Year Plan" periods [8] - Goals include enhancing national-level cultural digital infrastructure, ensuring data can be confirmed, priced, traded, and traced, and fostering collaboration between academia, research institutions, and enterprises [8] - The exchange's practices illustrate that cultural data is not only a trading asset but also a core element driving industrial upgrades, emphasizing the need for innovation, standards, and collaboration to nourish the real economy [8]

Group 1 - The "Digital Economy Seminar" held in Beijing focused on the theme of "Promoting High-Quality Development of the Digital Economy through Integration of Digital and Real Economies" [1] - The seminar aimed to gather insights and collaboratively outline a new blueprint for high-quality development in the digital economy, discussing topics such as rule evolution, integration of production and finance, copyright protection, and innovative practices [1] Group 2 - China Search, led by its Chairman and President Li Jinsong, emphasizes the integration of culture and technology, focusing on search technology, big data, and artificial intelligence to support national cultural promotion and digital economic development [3] - The company aims to drive industrial digital transformation through an AI strategy, enhance independent technology team building, and promote the deep integration of digital and real economies via a data strategy [3] - China Search also seeks to enhance international influence through a multi-language dissemination system and the "China Good Stories" database [3] Group 3 - Hu Chaodong from Zhejiang Cultural Industry Investment Group highlighted the role of Zhejiang Cultural Property Exchange in facilitating compliant circulation and digital transformation of cultural assets [3] - The collaboration with China Search aims to integrate digital technology with cultural resources to explore innovative models of "Digital + Culture" and promote high-quality development in the cultural industry [3] Group 4 - Lin Wenhuo, Chairman and General Manager of Zhejiang Cultural Property Exchange, advocated for extensive cooperation among industry peers and technology companies to activate cultural resources through digitalization and empower the real economy [4] - Bai Song, Vice Chairman of Beijing Information Industry Association, discussed the innovative integration of digital technology with traditional industries such as cultural tourism and film [4] - Zhu Jiwei from the Digital Art and Blockchain Laboratory shared practical cases and insights on digital innovation in the cultural tourism industry [4] Group 5 - Wang Zihan, General Manager of Poly Culture's Digital Art Center, emphasized the transformation of cultural relics from "static exhibits" to "living cultural carriers" through digital technology, enhancing the global appeal of traditional Chinese culture [5] - The seminar also marked the launch of a new cultural digital copyright trading platform called "Huazang," supported by China Search [5]

Core Insights - The launch of the "National Voice Asset Full Property Rights Ecological Chain Construction" project marks a significant development in the protection, development, and trading of voice assets in China [1][2] - The establishment of the National Cultural Big Data Trading Center's international voice asset trading platform aims to create a global trading system for voice assets, leveraging technologies such as big data, blockchain, and cloud services [1] - The newly formed Regional National Voice Asset Research Institute will focus on the systematic development and value reconstruction of voice assets, aiming to inject new momentum into the digital cultural industry [2] Group 1 - The international voice asset trading platform is the only one of its kind in the country, aligning with international standards for voice asset circulation [1] - The platform will facilitate the transformation of voice assets from data to digital and then to intelligent economy, enhancing their value [1] - The project is expected to invigorate the cultural industry and promote high-quality development [1] Group 2 - The Regional National Voice Asset Research Institute has been established to overcome traditional cultural industry development bottlenecks [2] - Ten demonstration bases for voice landscape ports have been signed, marking the official start of the national voice landscape port project [2] - The first demonstration units will implement a closed-loop path of "intangible cultural heritage digital collection—technology creative transformation—transaction scene landing" to build a complete property rights ecological chain for voice assets [2]

Group 1 - The 21st China (Shenzhen) International Cultural Industries Fair (Cultural Fair) has opened, positioning itself as a global hub for cultural products and services, attracting numerous cultural enterprises and projects for high-quality development in the industry [1][2] - Shenzhen Cultural Property Exchange (Shenzhen Cultural Exchange) aims to create a "never-ending Cultural Fair" by leveraging its comprehensive capabilities in cultural financial services, art trading, and project incubation, ensuring a complete monetization path for cultural products [1][2] - The online trading platform of Shenzhen Cultural Exchange has surpassed 30 billion yuan in transaction volume, showcasing a successful internet-based trading innovation model [2] Group 2 - The platform of Shenzhen Cultural Exchange includes various trading categories such as cultural artworks, jewelry, copyrights, and intangible cultural heritage, and collaborates with regions like Fujian and Shandong to enhance local cultural value through digital means [2][3] - During the Cultural Fair, Shenzhen Cultural Exchange will host over ten events, including new platform launches, high-end art forums, and project showcases, highlighting the achievements in building a "digital-physical integration" ecosystem [2] - Shenzhen Cultural Exchange is expanding its network and offering discounts and fee waivers for new member units, aiming to facilitate easier participation in its business ecosystem [3]

Core Viewpoint - The Chinese cultural property trading market is rapidly expanding, with a transaction value of 44.4 billion yuan in 2024, reflecting an 11% year-on-year growth, driven by policy support and market demand for cultural assets [1][14]. Industry Overview - The cultural property trading market encompasses various sectors, including art, copyright, film, and music, serving as a platform for the transfer and financing of cultural assets [1][8]. - The market is characterized by a diverse participant structure, including cultural institutions, investment firms, and individual investors, enhancing interaction and engagement [1][14]. Industry Development History - The industry has evolved through four main stages: initial exploration (2007-2009), rapid development (2010-2011), regulatory consolidation (2011-2016), and innovative exploration (2017-present) [4][5][6]. - The establishment of the first cultural property trading exchange in Shanghai in 2009 marked a significant milestone in the industry's development [4][7]. Market Scale - The market size of the cultural property trading sector is continuously growing, with a projected transaction amount of 44.4 billion yuan in 2024, up 11% from the previous year [1][14]. - The Shenzhen Cultural Property Exchange is expected to see its transaction volume exceed 20 billion yuan by 2025, reflecting a staggering 566% increase, showcasing the impact of policy incentives [1][14]. Competitive Landscape - The market exhibits a concentration of leading players, with Beijing and Shanghai cultural property exchanges holding 40% and 30% market shares, respectively, while Shenzhen focuses on copyright and digital cultural assets [1][16][18]. - The China International Cultural Property Exchange leverages Hong Kong's international platform to engage in high-end art and cross-border transactions [1][16][18]. Industry Trends - The industry is set to undergo digital transformation, utilizing technologies such as big data, cloud computing, and blockchain to enhance transaction efficiency and service quality [1][23]. - Government policies are increasingly supportive, aiming to lower market entry barriers and stimulate market activity through tax incentives and financing support [1][24]. - The demand for cultural products is diversifying, prompting exchanges to offer more specialized services and explore new business models, including cultural finance and cross-industry integration [1][25].

Core Insights - The Shenzhen Cultural Property Exchange has reported that its national cultural big data trading center has achieved over 20 billion yuan in transaction volume this year, marking a 566% year-on-year increase [1] - The center has established itself as a leading platform in the cultural digitalization sector in China, leveraging an innovative internet-based trading model [1][2] - The center aims to address challenges in the trading of cultural assets, such as value assessment difficulties and inadequate trading mechanisms, by implementing a comprehensive service system [3] Group 1 - The national cultural big data trading center has successfully launched over ten application scenario trading sub-platforms, covering various fields including cultural artworks, gold and jewelry, cultural IP, digital certification, and film elements [2] - The Shenzhen Cultural Property Exchange is collaborating with regions like Fujian, Shandong, Shanxi, and Jingdezhen to create unique cultural experience centers, facilitating the digital transformation and industrialization of local cultural resources [2] Group 2 - The comprehensive service system introduced by the Shenzhen Cultural Property Exchange includes data confirmation, registration custody, trading circulation, and scenario application, utilizing blockchain and privacy computing technologies to ensure transaction security [3] - The company plans to continuously optimize its business model and explore the capitalized path for cultural big data elements, aiming to build a core engine for the national cultural big data system [3] - Future initiatives include integrating resources from digital production lines and developing new functionalities such as cultural data intelligent creation and virtual scene interaction, promoting a shift from linear to networked ecosystems in the cultural industry [3]

Core Insights - The Shenzhen Cultural Property Exchange (Shenzhen Wenjiao) reported that its online trading platform achieved a transaction volume of 20.051 billion yuan in 2025, marking a staggering year-on-year growth of 566% [1] Group 1: Growth and Development - The explosive growth in transaction volume is attributed to long-term ecological accumulation, the release of national strategic dividends, and industrial collaborative resonance [2] - Since its establishment in 2022, the National Cultural Big Data Trading Center has formed a collaborative ecosystem by partnering with various local governments, cultural institutions, technology companies, and universities [2][3] - The platform has successfully launched over ten sub-platforms for application scenario trading, covering various fields such as cultural artworks, gold and jewelry, cultural IP, and digital certification [3] Group 2: Innovation and Services - Shenzhen Wenjiao has pioneered a full-chain service system that includes data confirmation, registration custody, trading circulation, and scenario application, ensuring the entire lifecycle of cultural data elements [3] - The center has established a standardized process covering the entire lifecycle of data assetization, helping state-owned cultural enterprises convert their vast data resources into quantifiable, certifiable, and tradable asset elements [5] - The upcoming launch of the "four-link closed-loop integrated" service product aims to facilitate the digital transformation of cultural enterprises nationwide, focusing on the circulation and value preservation of cultural data assets [5]