Core Viewpoint - Wuxi is actively developing its data factor market, focusing on maximizing the value of "data assets" to enhance cash flow for enterprises and promote high-quality development of the digital economy [1][5] Group 1: Data Asset Market Development - Wuxi has registered 487 data service providers and listed 465 data products, with a total of 4.95 billion open data entries across 4,035 categories [1] - The establishment of the Wuxi Data Exchange in March 2022 aims to facilitate compliant data trading, emphasizing that "non-compliant data will not be listed" [5][6] - The Wuxi Data Group is implementing a series of regulations and practical guidelines to enhance data asset operation and monetization capabilities [1][6] Group 2: Financing Innovations - Wuxi's first data asset financing lease was successfully executed for 10 million yuan, marking a significant step in the market [2] - The financing lease involved both data assets and physical assets, ensuring a safety net while exploring the potential for standalone data asset transactions in the future [3] - The leasing company is exploring asset securitization products to further activate data assets, potentially increasing financing scale beyond 150 million yuan [3] Group 3: Future Goals and Regulations - By May 2025, the Wuxi Data Exchange aims to have 492 data service providers and 524 data products listed [6] - The Wuxi government has set ambitious targets for the data factor market, including a transaction scale exceeding 2 billion yuan and the establishment of 600 data service entities by 2026 [6][7] - The Wuxi Data Group is focusing on creating a blockchain-based integrated data circulation platform to support the market's infrastructure [7]