Core Insights - The 2025 "Data Element ×" competition and the Global Data Business Conference were recently held in Shanghai, showcasing a vibrant data market in China with a record number of participants and activities [1][4] - The event gathered a diverse group of stakeholders, including government officials, award-winning project teams, and industry experts, emphasizing the integration of various sectors in the data industry [2][4] Group 1: Event Overview - The event attracted approximately 21,000 attendees, with over 300 original reports published online, marking a record high [4] - The competition lasted for seven months, drawing over 117,000 participants and more than 23,000 projects, a 20% increase from the previous year [4] - The conference featured four main sections: results display, supply-demand ecosystem linkage, investment and financing connections, and international cooperation in data [4] Group 2: Investment and Financing - The conference aimed to address financing challenges in the data industry by facilitating connections between project teams and over 40 investment institutions [5][8] - A new blockchain innovation fund was launched during the conference, with an initial fundraising target of 5 billion yuan, focusing on core technologies and applications in the blockchain and data sectors [8] - Successful collaborations were reported between award-winning projects and various investment firms, indicating a positive trend in securing funding [8] Group 3: Regional Development and Collaboration - The competition served as a platform for Shanghai to attract high-quality projects, enhancing the local data ecosystem [9][10] - Various districts in Shanghai organized themed activities and investment promotion events tailored to their industrial characteristics, fostering regional economic development [10] - The event facilitated deep engagement between award-winning teams and local businesses, promoting project implementation and regional cooperation [10] Group 4: Future Outlook - The successful execution of the event reflects the potential and growth of the data industry, contributing to a more vibrant and sustainable data ecosystem in China [12]

Core Viewpoint - The 2025 Global Digital Business Conference focuses on the deep integration of the real economy and the digital economy, showcasing various practices and explorations in the digital economy field by China Construction Bank [1][4]. Group 1: Digital Economy Integration - The conference theme is "Connecting the World through Data, Business for the Future, and Boundless Multiplication," emphasizing the importance of integrating digital and real economies [1][4]. - China Construction Bank participated in the opening ceremony and multiple sub-forums, highlighting its efforts in blockchain, data element circulation, and digital business ecosystem services [1][4]. Group 2: Blockchain Innovations - A blockchain credit letter application scenario was launched at the conference, with China Construction Bank's Shanghai branch as one of the first financial institutions to implement a fully on-chain credit letter process, addressing traditional cross-border settlement challenges [1][4]. - The bank's participation in forums like the Blockchain Innovation Summit showcased its innovative practices and shared experiences in public data development [1][4]. Group 3: Data Element Financialization - China Construction Bank is focusing on the circulation of data elements as a key path for digital transformation, aiming to empower the real economy through innovative data services [2][5]. - The bank has developed a "Data Shelf" and "Data Alliance" to facilitate resource sharing and business cooperation within the digital economy ecosystem [2][5]. Group 4: Financing Innovations - Shanghai Weipu Testing Technology Group received a financing service of 10 million yuan for its data product intellectual property, marking the first large-scale enterprise data product financing in Shanghai [3][6]. - The bank's Shanghai branch has created a specialized "Data Aggregation Loan" service plan for digital business enterprises, providing comprehensive financial services based on data elements and technology [3][6].

Core Insights - The forum aimed to create a multi-party efficient connection platform for the deep integration of data elements and financial capital, addressing the financing challenges faced by data-driven enterprises and fostering the development of the digital economy [1][2] Group 1: Policy and Support Initiatives - Shanghai has been actively cultivating a digital economy ecosystem, supporting the growth of digital enterprises through a new model focused on "data-driven enterprise registration, categorized policies, graded assessments, and dynamic adjustments" [1] - The Shanghai Municipal Data Bureau has introduced a policy service package for data-driven enterprises, which includes funding support, project assistance, and service empowerment to address the pain points and needs of these enterprises [1] - The Shanghai Municipal Data Bureau aims to optimize policy supply, build connection platforms, and enhance service guarantees to support the growth of data-driven enterprises [1] Group 2: Industry Perspectives and Recommendations - Experts emphasized the importance of market resource allocation and the interaction between the data market and data industry, advocating for enhanced data governance to ensure compliance and quality [3] - Financial institutions, such as China Construction Bank, are participating in the "Gathering Power Plan" to build a financing ecosystem for data-driven enterprises, offering tailored financial support through innovative products [3] - The venture capital landscape is advised to focus on breakthrough technologies and accelerate the transformation of scientific achievements while supporting technological innovation from a long-term perspective [3] Group 3: Investment Insights and Future Trends - A roundtable discussion highlighted the importance of technology barriers, business models, valuation systems, and future trends for data-driven enterprises to attract capital [4] - Investors are particularly interested in industry tracks, business models, and core competitiveness, with a call for data-driven enterprises to convey more value through data applications [7] - Financial institutions have established specialized credit assessment models in the data finance sector, focusing on enterprise growth potential, R&D capabilities, and technological attributes [7]