How to turn "counting" into gold is a new proposition given by the digital age.
In September last year, General Secretary Xi Jinping pointed out during his inspection in Zhejiang that it is necessary to deepen the construction of the national digital economy innovation and development pilot zone and create a number of strategic emerging industrial clusters and digital industrial clusters with international competitiveness. At the same time, he also pointed out during the inspection that it is necessary to take the reform of key areas as the traction and comprehensively promote the innovation of systems and mechanisms in various fields.
Anchoring the "first zone" of digital economy in Zhejiang Province, the high-tech zone (Binjiang) has accelerated the construction of "China Digital Valley", anchored the overall goal of the reform of the national data industry and digital business enterprises to build a world-leading institutional environment, and built a "three data and one chain" data trusted circulation infrastructure framework and data element governance system for the market-oriented allocation reform of national data elements, and actively carried out a series of innovative explorations. In April this year, "China Digital Valley" launched the "Reform Sandbox" of data elements, through the construction of a data system space, for the "sandbox" to unload the "ideological baggage", provide inclusive and prudent necessary mechanism guarantees, and explore replicable experience for the national data element reform.
【Reform Cases】
Enterprises "enter the box", and all parties work together to solve the "difficulty in rule construction"
In summer, everything grows in the vast farmland, and an autumn harvest is being bred. But in the invisible places of the farmland, there are "sleeping" data "treasures". For example, the types of crops planted by each farmer, the yield, crop diseases and pests, and the situation of water and fertilizer can outline the actual situation of agricultural operations.
Bingfeng (Zhejiang) Digital Technology Co., Ltd. (hereinafter referred to as "Bingfeng Digital") is a company that wants to wake up the "sleeping" data. According to Lin Xintao, the company's co-founder and chief data officer, they have been deeply involved in the field of digital and intelligent agriculture for many years, and they have undertaken many agricultural Internet of Things facilities and equipment, serving more than 37 million mu of farmland, and their business is distributed in more than 30 provinces and cities across the country. "In this process, the company has gathered a large amount of agricultural data, and urgently needs upstream and downstream enterprises to help us mine the value of data together, process good data products through industrial collaboration, and continue to promote the development of the company." Lin Xintao said that in November last year, they came to "China Digital Valley" to find a companion. Under the matchmaking of the High-tech Zone (Binjiang), they and a number of enterprises in the zone are exploring new scenarios to give full play to the value of data elements, and empower agricultural finance through the development of agricultural data products.
In fact, there are still many areas of data development and circulation transactions that are relatively vague at the level of laws and rules, which also makes digital business enterprises "unwilling to circulate" and "dare not circulate". In the spring of this year, the High-tech Zone (Binjiang) launched the "Reform Sandbox" for data elements, which follows the four principles of voluntary participation, development first, security and trustworthiness, compliance and efficiency, and builds an inclusive and prudential regulatory system and optimizes the top-level design around the pain points and difficulties such as open data processing and rights confirmation and data circulation chain authorization.
As one of the first batch of "reform sandbox" pilot enterprises, Bingfeng Digital was able to boldly carry out scenario innovation in the experimental field of the agricultural data track, and ate the "first saliva" of reform. "According to public data, the mainland has an annual credit balance of 60 trillion yuan for agriculture and rural areas, and we also hope to release greater effects through data elements, so that bank credit will be more accurate, so that more farmers and agricultural enterprises in urgent need of financial support can borrow easier." Lin Xintao said that at present, there is no "national team" platform for data governance in this track, and several "box" enterprises and the government are crossing the river by feeling the stones and exploring in the "reform sandbox".
More than three months since the "box", the modern agricultural financial service platform that the company is building has made breakthroughs. "I still remember that when I first 'entered the box', the relevant leaders of the high-tech zone (Binjiang) told us that the 'reform sandbox' is not to restrain everyone from innovating, but to encourage everyone to do it bravely. If we do something wrong, we will find problems in the 'sandbox', and if we do it right, we will promote it to provinces, cities and even the whole country. Lin Xintao said that this fault-tolerant attitude has given digital business enterprises great confidence and guarantee, so that everyone can innovate without distractions, and slowly build rules in the process of innovation.
【Reform Path】
Focus on the construction of rules and improve the framework system of "three numbers and one chain".
In 2023, the added value of the core industries of the digital economy will account for about one-third of the city's total, accounting for 75.6% of the region's GDP, and there will be 668 digital economy enterprises above the designated size.
From the perspective of institutional supply momentum, the regional characteristics of the "four-in-one" of the national high-tech zone, the national independent innovation demonstration core area, the world's leading science and technology park creation area and the Binjiang block of the China (Zhejiang) Pilot Free Trade Zone also provide a broad world for the market-oriented allocation reform of data elements.
Since the start of construction in 2023, "China Digital Valley" has created a "three numbers and one chain" data trusted circulation infrastructure framework, in which "three numbers" refers to data trading venues, data networking, and data invoices (also known as "digital certificates for data compliance circulation"), and "one chain" refers to the cross-chain mutual recognition mechanism of blockchain.
In other words, under the framework of "three numbers and one chain", data transactions have special places, exclusive transportation channels and special data invoices, so as to clarify where the data is obtained, who authorizes it, and who is using and processing it, which also makes the supply and use of data more secure and compliant.
At present, the "three numbers and one chain" framework system is applied in six scenarios in finance, biomedicine, multimedia and other industries. From the start of the construction of "China Data Valley" to the beginning of July this year, Zhejiang Big Data Exchange Center and Hangzhou Data Exchange have put a total of 2,482 data products on the shelves, 1,622 registered data merchants, and a cumulative registered transaction amount of 5.45 billion yuan.
This year, the High-tech Zone (Binjiang) focused on the construction of rules, and while launching the "Reform Sandbox", it also established the country's first data element circulation compliance center, the "China Digital Valley" Data Element Circulation Compliance Center, and established the "China Digital Valley" Data Element Compliance Committee. In addition to institutional innovation, Hangzhou High-tech Zone (Binjiang) also issued the "Implementation Opinions on Promoting the High-quality Development of the Data Element Industry (Trial)", which provides policy support in five aspects: accelerating the cultivation of data element market entities and encouraging enterprises to participate in the market-oriented reform of data elements through the "three numbers and one chain" system.
In the next step, the high-tech zone (Binjiang) will focus on the key areas of "data element ×", build a number of application scenarios with strong demonstration, high visibility and wide driving force based on the "three numbers and one chain", build a collaborative innovation center for industry data elements, further accelerate the construction of the "sandbox supervision" mechanism, plan the "China Digital Valley" with a global perspective, and explore the construction of a world-leading institutional environment for the development of the national data industry and digital business enterprises.
【Reviews】
Institutional innovation
Supporting technology and service innovation
"The 'reform sandbox' of data elements conforms to the national industrial policy of '20 data points', which is an important reform measure and the first exploration of Hangzhou." According to Zhang Ping, a professor at Peking University Law School, Hangzhou is constantly supporting technology and service innovation with institutional innovation, promoting the construction of a leading international and domestic business environment, and the high-tech zone (Binjiang) is also daring to act and go all out in the process of reform, adhering to the principle of inclusive and prudent supervision, and creating a first-class business environment for digital business enterprises.
(Source: Hangzhou Municipal People's Government website)