Core Insights - The traditional industry remains the main battlefield for the release of data element value, with the construction of a national integrated data market driving cost reduction, efficiency enhancement, and quality innovation in the real economy [1][4] - The national data bureau aims to build an open, shared, and secure national integrated data market, focusing on nurturing various data circulation service institutions to stimulate market vitality and release the value of data elements [2][3] - The data industry is entering a period of rapid growth, with the number of data enterprises expected to exceed 400,000 and the industry scale reaching 5.86 trillion yuan by 2024, reflecting a 117% increase compared to the end of the 13th Five-Year Plan [3][4] Industry Developments - The "Data Element ×" competition attracted over 117,000 participants and more than 23,000 projects, with state-owned and private enterprises accounting for over two-thirds of the participants [3][4] - 50% of the projects in the competition aimed to reduce costs and increase efficiency using data, while 22% focused on driving industrial chain and supply chain collaboration [4][5] - The competition highlighted that traditional industries, particularly in manufacturing and healthcare, are leading in the application of data elements, with significant economic benefits observed [4][6] Technological Innovations - The conference showcased advancements in core technologies such as blockchain, privacy computing, and artificial intelligence, with multiple achievements announced, including the launch of a blockchain credit certificate application scenario [1][2] - Weichai Power Co., Ltd. shared its project on "trusted data empowering high-end manufacturing," which has led to significant breakthroughs in engine efficiency through extensive data collection and analysis [6][7] - The Shanghai Shenkang Hospital Development Center presented its integration of high-quality data and AI applications, achieving remarkable improvements in diagnostic accuracy for various medical conditions [7][8] Regional Initiatives - Shanghai is actively promoting efficient data circulation and utilization to empower the real economy, with plans to establish a trillion-level digital industry cluster in the Yangtze River Delta [8][9] - The Shanghai Data Group has developed a comprehensive data infrastructure based on blockchain and privacy computing, connecting over 300 data source units and leading the development of over 300 data products and services [8][9] - A new cross-border digital trust service was launched, facilitating online registration for Singaporean enterprises in Shanghai, significantly reducing the time and cost associated with document verification [9][10]

Core Insights - The National Bureau of Statistics is promoting a "Data Efficiency Enhancement Action" for state-owned enterprises (SOEs) to improve data resource development and utilization [2][3] - The initiative includes 12 central enterprises as pilot leaders, collaborating with private companies and research institutions [2] - The focus areas include innovative data management, expanding the data industry, enabling industrial transformation, and optimizing the innovation environment [2][3] Group 1 - The pilot program aims to enhance data integration and application levels among SOEs, encouraging data sharing and the creation of a data open service list [3] - The initiative emphasizes "scenario-based" approaches, targeting industry needs and developing high-quality data sets and AI applications [3] - By 2027, the program is expected to improve data governance capabilities and enhance resource utilization, benefiting over 100,000 small and medium-sized enterprises [3][4] Group 2 - The collaboration with the State-owned Assets Supervision and Administration Commission will guide the orderly advancement of pilot projects [4]