这一趋势在资本市场的表现尤为突出。一方面，数据资产证券化进程加速推进，部分手握核心用户数据、交易数据等优质 资源的企业，通过将数据资产未来收益权证券化的方式，有效拓宽了融资渠道，打破了传统融资模式对实体抵押物的依赖，为 企业发展注入了新的资金活力。 据Wind资讯数据统计，自今年4月份市场首单数据资产ABS（资产证券化）成功发行以来，截至目前，累计已有4单数据资 产（赋能）ABS落地，合计发行规模达17.74亿元，数据资产证券化加速进入常态化发行阶段。 本报记者 田鹏 9月15日，北京三维天地科技股份有限公司在投资者互动平台回应称，此次中标中国—东盟信息港股份有限公司2025年系 统平台建设服务采购项目，代表了客户对公司技术和产品实力的认可，公司将在完成项目的同时积累实施经验，争取未来更广 泛参与各地数据资产开发、流通、交易各环节的建设。 这一企业动态清晰印证，随着数据要素市场化进程加快，数据资产的战略价值已逐步成为企业核心竞争力的关键构成。这 也正是近期各地密集出台政策、加速推进企业数据资产入表工作的核心逻辑支撑。各地通过"激励+指引"的双重政策发力，既 精准呼应了企业在数据资产化进程中的实际需求，也为数据 ...

Core Insights - Data, as the fifth production factor, has unique characteristics such as non-competitiveness, replicability, and infinite growth potential, making its value extraction process more complex than traditional production factors [1] - The development of a market for data elements relies heavily on a clear policy framework and implementation pathways, with local data trading institutions and data merchants becoming key drivers [1][2] - The domestic data element market is expected to grow at a compound annual growth rate (CAGR) of approximately 20.26%, surpassing 300 billion yuan by 2028 [6] Current Situation Analysis - The data element market system is gradually improving, driven by policy guidance and industrial construction, focusing on data, technology, and infrastructure [2] - The digital economy's core industries are becoming significant drivers of the overall economic system, with the digital economy scale increasing from 27.2 trillion yuan in 2017 to 53.9 trillion yuan in 2023, doubling in six years [6] Policy Analysis - The improvement of the policy framework for the data industry value chain and the establishment of local data systems are crucial for the circulation of data element value [4] Market Scale Assessment - The data element industry is projected to reach approximately 200 billion yuan by 2025 and exceed 300 billion yuan by 2028, with data processing and analysis being the largest segment [6] Data Value Chain Construction - The establishment of a data value circulation system is supported by advanced technology and regulatory compliance [8] - The construction of a data ownership system based on the "Data Twenty Articles" is essential for efficient data value circulation [11] Data Registration - Data registration is critical for asset ownership delineation and promoting data value release, with a "1+3" policy framework guiding public data resource management [13] Data Value Assessment - The data valuation policy framework is becoming more refined, with public data resource quantification standards emerging as important benchmarks [16] Data Asset Capitalization - The capitalization of data assets is a core practice for realizing data value, with the implementation of regulations marking a new era for data asset inclusion in financial statements starting January 1, 2024 [19] Data Asset Trading - The data market exhibits a distribution pattern of "internal cold, external hot," with off-market transactions dominating due to their flexibility and customization [21] Industry Practices - The financial sector is expected to see a CAGR of approximately 19.06%, reaching over 100 billion yuan by 2028, driven by data element integration [31] - The industrial manufacturing sector is projected to grow at a CAGR of about 24.22%, with a focus on high-quality data sets and trusted data spaces [34] - The healthcare industry is anticipated to grow at a CAGR of around 23.69%, emphasizing the compliance of personal health data applications [36] Trends - High-quality data set construction is becoming a key factor in advancing the artificial intelligence industry, transitioning from "point breakthroughs" to "holistic development" [39] - The establishment of trusted data spaces will be crucial for ensuring the circulation and high-value application of data elements [42]

据中国政府网11日消息，国务院近日发布关于全国部分地区要素市场化配置综合改革试点实施方案的批复（简称"批复"）。 批复称，同意自即日起2年内开展北京城市副中心、苏南重点城市、杭甬温、合肥都市圈、福厦泉、郑州市、长株潭、粤港澳大湾区内地九市、重庆市、 成都市等10个要素市场化配置综合改革试点，原则同意有关实施方案，请认真组织实施。 批复明确，方案实施要以综合改革试点为牵引，深入推进要素市场化配置改革，完善要素市场制度和规则，着力破除阻碍要素自由流动和高效配置的体制 机制障碍，保证各种所有制经济依法平等使用生产要素、公平参与市场竞争、同等受到法律保护，推动要素质量逐步提高、生产要素畅通流动、各类资源 高效配置、市场潜力充分释放，为促进新质生产力发展、纵深推进全国统一大市场建设、构建高水平社会主义市场经济体制提供坚强支撑。 批复要求，有关省级人民政府要切实承担主体责任，加强组织实施，围绕深化要素协同配置、提升要素配置效率、探索新型要素配置方式、优化新业态新 领域要素保障、促进服务业高质量发展等目标，聚焦重点领域和关键环节推进改革试点，坚持问题导向、从实际出发，分类施策推进改革，明确工作要 点、任务分工和成果形式，统 ...

证券日报网讯世纪恒通（301428）8月6日在互动平台回答投资者提问时表示，公司2024年已完成一项数 据资产入表工作并在定期报告中进行了披露。目前公司暂无其他正在推进的数据资产入表项目，后续如 有相关项目进展，公司将严格按照信息披露规则及时履行披露义务。 ...

Core Viewpoint - The construction of Shanghai International Financial Center is entering a new phase, emphasizing the importance of enhancing asset management functions to support high-quality development and adapt to global economic changes [1][2]. Group 1: Importance of Asset Management - Asset management is a core function of financial centers, crucial for asset valuation, allocation, and risk management [1]. - The integration of stock and incremental asset management is essential, focusing on revitalizing "dead" assets and transforming ineffective assets into effective ones [2]. - The role of mergers and acquisitions (M&A) is highlighted as a strategic tool for activating stock assets and expanding the asset management industry's business scope [2]. Group 2: Traditional vs. Emerging Asset Management - The fusion of traditional and emerging asset management is necessary, especially with the rise of new asset forms driven by technological advancements and green development [3][4]. - Attention must be given to managing traditional assets while also integrating new asset types, such as intellectual property and data assets, into the asset management framework [3][4]. - The management of carbon assets is emphasized as a strategic direction for supporting green finance and industry transformation [4]. Group 3: Domestic and International Asset Management - The importance of balancing domestic and international asset management is underscored, with a focus on enhancing the capability to manage international assets priced in RMB [6]. - The development of an international financial asset trading platform is crucial for facilitating the integration of domestic and international markets [6]. Group 4: Ecosystem Development for Asset Management - Emphasis on institutional development and regulatory coordination is necessary for building a global asset management center [7]. - The impact of technology, particularly AI, on asset management is recognized as a transformative force [7]. - Enhancing the capabilities of the asset management industry is vital for deepening asset management functions [7].

Core Viewpoint - Shenzhen is implementing a comprehensive plan to promote high-quality development in service trade and digital trade, aiming to enhance its international competitiveness and establish itself as a global economic center by 2030 and 2035 [1]. Group 1: Promotion of Efficient Flow of Trade Resources - The plan focuses on four key areas: facilitating cross-border data flow, accelerating technology transfer, providing financial support for trade development, and enabling talent mobility [2]. - A pilot "negative list" system for cross-border data flow will be established in specific regions, allowing approved research institutions and enterprises to share scientific data securely [2]. - The initiative includes expanding the use of the Renminbi in cross-border transactions and improving the efficiency of its use in various financial activities [2]. Group 2: Innovation in Digital Trade - The plan aims to attract foreign investment in telecommunications and internet services, enhancing the overall scale and competitiveness of the software and information services industry [3]. - Support will be provided for the development of original digital products with independent intellectual property rights, focusing on improving technology content and user experience [3]. - The initiative encourages the use of advanced digital technologies to upgrade service industries, promoting innovation in digital services such as digital finance and online education [3]. Group 3: Enhancement of Service Trade - The plan includes measures to improve international transportation services and expand shipping routes to various regions, including Europe and Africa [6]. - It aims to attract high-level international medical resources and professional service institutions to establish a presence in Shenzhen [6]. - The initiative also seeks to develop cross-border financial and insurance services, enhancing the efficiency of cross-border fund settlement for e-commerce enterprises [6]. Group 4: Support for Digital and Smart City Services - The plan encourages the export of digital and smart city services to markets in ASEAN, the Middle East, Latin America, and Southern Europe [7]. - It aims to facilitate cross-border travel services and support foreign-invested travel agencies in conducting outbound tourism business [7]. - The initiative promotes the development of high-value-added bonded maintenance services and the establishment of a global trading center for electronic components [7].

Core Insights - The article discusses the significant transformation of Hohhot's state-owned enterprises (SOEs) through a comprehensive reform strategy, resulting in a substantial increase in asset scale and profitability, with total profits growing 2.57 times from 2021 to 2024 [1] Group 1: Economic Transformation - Hohhot's SOE assets exceeded 200 billion yuan, achieving a historic turnaround from losses to profits [1] - The city has implemented a "three reshaping" strategy focusing on business systems, asset structures, and management mechanisms, leading to the consolidation of 36 small enterprises into ten specialized groups [3][4] - The average annual growth rate of R&D investment in SOEs has increased by 6.8 times, reflecting a shift from scale expansion to quality and efficiency [4] Group 2: Innovation and Digital Transformation - The "Data Resourceization-Assetization-Capitalization" approach has positioned Hohhot's construction drawing review center as a pioneer in digital transformation, with initial data assets valued over 20 million yuan [7] - Hohhot's SOEs have established joint laboratories with top universities, cultivating 757 high-skilled talents and achieving breakthroughs in 169 key technologies [9] Group 3: Strategic Industry Development - Hohhot is emerging as a strategic hub for the "East Data West Computing" project, leveraging its advantages in computing power and green energy [10] - The city has developed a new profit growth area through the integration of wind and solar energy projects, optimizing the urban energy structure [11] Group 4: Market-Oriented Reforms - The mixed-ownership reform has led to over 50% of private capital participation in SOE projects, enhancing capital structure and management experience [8] - The introduction of differentiated assessment mechanisms has shifted SOEs from a passive to an active reform mindset, focusing on strategic emerging industries and green transformation [14] Group 5: Future Outlook - Hohhot's government has proposed a "three aggregation" strategy to concentrate capital, resources, and policies on strategic emerging industries, indicating a forward-looking approach to reform [13] - The city plans to implement 1,288 key projects by 2025, with a focus on digital economy, new energy, and green agricultural products, representing 66% of total investment in industrial projects [15]

Group 1 - The "Top 100 Listed Companies" list for 2024 was released, highlighting the performance evaluation of listed companies for the 24th consecutive year [1] - The list emphasizes advancements in manufacturing and AI innovation, showcasing the high-quality development of private enterprises and the cultivation of new consumption models [1] - Among the top 100, 67 companies are from the manufacturing sector, with a notable increase in advanced technology manufacturing firms concentrated in fields such as new energy, semiconductors, AI hardware, electronic manufacturing, innovative pharmaceuticals, and medical devices [1] Group 2 - The 2024 AI industry analysis report indicates a structural shift in AI investments, with equity investment cases accounting for 77.9%, reflecting a transition from early-stage exploration to long-term positioning by investors [1] - The scale of China's AI industry is projected to reach 269.7 billion yuan in 2024, with an expected annual compound growth rate of over 30% from 2025 to 2029 [1] - The AI industry is becoming a strong driver of revenue growth for listed companies, with a resonance effect among technology, policy, and market factors expected to push revenue across the industry chain [1] Group 3 - The data asset analysis report reveals that China is addressing the challenges of data asset rights confirmation and valuation through legislation, accounting integration, and market cultivation [2] - A total of 100 companies disclosed data resource integration in their 2024 annual reports, with positive stock price impacts concentrated in high-relevance sectors such as information technology [2] - The correlation between data resource disclosure and capital market response is positive, indicating that transparency in data assets can enhance market performance [2]

Core Insights - In the digital economy era, data has become a core strategic asset for commercial banks, surpassing traditional elements like capital and branches, driving innovation, risk management, and customer service upgrades [1] Talent Acquisition - The competition for data talent in the banking sector is intensifying, with high demand for roles in data analysis, governance, database management, and artificial intelligence [2][3] - A significant recruitment initiative by Heilongjiang Rural Credit Cooperative aims to hire 97 employees, with over half of the positions focused on information technology, including data development and AI [2] - Banks are increasingly seeking hybrid talents who possess both financial knowledge and data technology skills, reflecting a market gap in this area [3] Platform Development - Banks are actively advancing data platform construction projects, with a focus on domestic alternatives and modernization [4] - For instance, the Bank of Communications in Zhejiang is migrating local data to a domestic database as part of its digital transformation efforts [4] - Major state-owned and joint-stock banks are initiating new generation distributed core system projects to enhance service efficiency and system stability [5] Data Asset Recognition - Banks are moving towards recognizing data as an asset, with several institutions reporting data asset valuations in their annual reports [7][8] - The implementation of the Ministry of Finance's regulations allows qualified data resources to be recognized as intangible assets, significantly impacting the banking sector's financial reporting [7] - Notable banks like China CITIC Bank and Everbright Bank have reported specific amounts for data assets, indicating a shift from viewing data as a cost to recognizing it as an asset [8]

Core Viewpoint - The article discusses the rapid growth of data asset incorporation into the financial statements of A-share listed companies, particularly focusing on central and state-owned enterprises (SOEs) in China, highlighting the challenges and opportunities in this emerging field [1][2][3]. Group 1: Data Asset Incorporation Progress - As of April 23, 2024, the scale of data assets incorporated into the financial statements of A-share listed companies reached 2.2 billion yuan, with a significant increase in both the number and amount of central and state-owned enterprises participating [1]. - The total amount of data resources incorporated by 38 central SOEs increased from approximately 11 million yuan in Q1 2024 to 1.471 billion yuan for the entire year [1]. - Major contributors include China Mobile, China Unicom, and China Telecom, with incorporation amounts of 616 million yuan, 379 million yuan, and 371 million yuan, respectively [1]. Group 2: Challenges in Data Asset Valuation - The majority of data resources incorporated by central SOEs are classified as intangible assets or R&D expenditures, with inventory amounts dropping from 200 million yuan in Q3 to zero [2]. - There are ongoing challenges in recognizing data resources as inventory due to policy inadequacies and difficulties in rights confirmation, leading companies to prefer intangible assets or R&D expenditures for data resource incorporation [2][4]. - The current legal framework is not fully developed, complicating the ownership definition of data due to its complex sources [4][5]. Group 3: Government Initiatives and Future Outlook - The National Data Bureau is working on a plan to enhance data efficiency in state-owned enterprises, focusing on key industries such as energy, transportation, and new materials [3]. - Local governments are also expanding financing channels for data assets, with initiatives like the one in Changsha requiring state-owned enterprises to start comprehensive data resource assessments by June 2025 [3]. - As policies improve and practices become more standardized, data asset incorporation is expected to become a regular management tool for enterprises, enhancing both the scale and quality of data asset management [3].