National Business Daily:

At the end of 2023, the NDA released the "Data Elements X" Three-Year Action Plan (2024-2026), aimed at fully stimulating the potential of data elements. Could you please provide an update on the progress made in implementing this plan over the past six months? Additionally, what are your future work plans in this area? Thank you.

Liu Liehong:

I'll invite Ms. Luan to answer this question.

Luan Jie:

Thank you for the question. First, let me elaborate on the "multiplier effect" of data elements. This concept refers to data's role as a factor of production in large-scale socialized production. Data elements enhance overall factor productivity by synergizing with other factors of production, such as capital, land and labor. Moreover, data generates diversified value increments through multi-scenario applications and reuse by multiple entities. The fusion of diverse data catalyzes new industries and business models, triggering a multiplier effect on economic output. This phenomenon demonstrates the significant driving force that data, as a factor of production, exerts on economic development.

At the end of last year, the NDA, in conjunction with relevant departments, issued the "Data Elements X" Three-Year Action Plan (2024-2026). Since its implementation, and with the concerted efforts of various departments and localities, we have seen the development and utilization of data successfully driving data supply and circulation. We have made initial progress toward our set goal of using "effective utilization" to drive "sufficient supply" and "smooth circulation" of data.

We are witnessing a continuous enrichment of data-empowered scenarios. We launched a call for "Data Elements X" case studies, which received an enthusiastic response. At the seventh Digital China Summit, we unveiled an initial batch of 20 case studies, showcasing exemplary experiences across 12 industry sectors. By highlighting the integrated application value of data elements across different industries, we aim to continuously stimulate enthusiasm for data development and utilization.

We continue to stimulate innovation in data utilization. The development and utilization of data rely on the coordinated efforts of typical scenarios, high-quality data and innovative resources. In early May this year, we launched the 2024 National "Data Elements X" Competition, providing a platform for competitive exchange on data element development and utilization. To date, 28 localities have initiated local competitions, with each area focusing on practical issues and highlighting its own unique characteristics.

We are accelerating the exploration of data utilization mechanisms. We are addressing challenges faced in various industries regarding data element application, including insufficient supply, poor circulation and unclear application benefits. We are working with relevant departments to jointly research and formulate pilot plans for key industry sectors. These efforts aim to explore new pathways for data development and utilization that are industry-specific and adaptable to different scenarios.

Moving forward, the NDA will collaborate with relevant government bodies to implement the following three tasks. First, we will continue identifying and publishing exemplary cases regarding the use of data as a factor of production. We will release the second batch of such cases during the upcoming Big Data Expo in August, further leveraging their pioneering and demonstrative role. At the same time, we will also launch the national finals for data use solutions in October. The final will draw on experience from various competitions across the country, exploring excellent data use solutions that are valuable, effective and applicable to other areas, in a bid to continuously diversify the enabling environment for data use. Furthermore, we will establish more pilots for data use. Focusing on the tasks of implementing policies, promoting supply, ensuring circulation and demonstrating effectiveness, we will work with relevant government departments to publish and implement pilot plans on data use in key sectors.

That covers everything for now. Thank you.

Xing Huina:

Due to time constraints, we will take one last question.