"Star Market Daily" October 31st News (Reporter Huang Xinyi) The 2024 International Data Economy Industry Cooperation Conference was successfully held at the Lingang Center.

Director Chen Jinshan of the Shanghai Lingang New Area Management Committee stated that Lingang New Area, as the forefront of China's openness, has established the International Data Economy Industrial Park to create a new benchmark for China's digital economic openness and development, and the preferred location for data industry innovation.

Chen Jinshan stated that Lingang New Area always takes institutional innovation as its core, creating an international data cooperation experimental field; with data application scenarios as traction, activating new global momentum for the development of digital economy; using the construction of an international data economy industrial ecosystem as a starting point, building a new global hub for data aggregation and convergence; relying on an open business environment to support, helping international data companies grow rapidly.

▌Shanghai Lingang Cross-border Economic Development Co., Ltd. was officially unveiled.

Tang Hao, Deputy Director of Shanghai Lingang New Area Management Committee, introduced the development practice and future key development directions of the International Data Economy Industrial Park. Since its establishment, the industrial park has formed "Five Batches" of practical achievements, namely: landing a batch of institutional breakthrough cases, releasing the country's first scenario-based and field-level data cross-border guidance list; building a batch of functional platform institutions, basically forming 4 major functional service platforms to promote data circulation and industry development; consolidating a batch of basic data facilities, constructing the country's first domestic single-tank ten-thousand-card liquid-cooled intelligent computing cluster; promoting a batch of international cooperation demonstrations, jointly creating the "Digital Twin City" project with Malaysia Cyberjaya; gathering a batch of industry innovation projects, landing enterprises in automatic driving research and development, testing, and applications such as Thunder Software Technology, SenseTime Zero Shadow, and more.

Next, the industrial park will adhere to institutional innovation to drive industrial development, focusing on continuous efforts in key targets such as cross-border data flow, construction of international data centers, value-added telecommunications open pilot projects, and the construction of an intelligent computing highland, to accelerate the transformation of Lingang New Area into a new global hub for Shanghai to strengthen the allocation of global data resources.

The 'Smart Lingang' application scenario pilot area construction was officially launched at the meeting, and the first batch of benchmark scenario lists was released. Focusing on three major areas: smart manufacturing new engine, smart start new space, and smart drawing new picture, it will focus on building 13 benchmark scenarios such as benchmark intelligent factories, intelligent connected vehicles, digitalization of aviation and trade, international data services, etc. It will focus on optimizing scenario innovation system mechanisms, strengthening scenario innovation subject forces, enhancing scenario innovation platform empowerment, and enhancing scenario innovation element supply in all aspects, providing comprehensive support to enterprises and helping them to develop and grow.

Shanghai Lingang Cross-border Economic Development Co., Ltd. was officially launched as the core functional platform of the International Data Economic Industrial Park, focusing on services such as cross-border data flow, digital space construction, data governance services, international data industry investment, and other businesses. It is market-oriented, promoting the open construction of the International Data Economic Industrial Park, helping Lingang's new area to build a data cross-border business ecosystem, and enhancing the competitiveness of the international data industry.

Shanghai Lingang New Area Management Committee, in collaboration with the Central Cyberspace Administration of China, the National Industrial Information Security Development Research Center, the China Electronics Technology Standardization Institute, the China Network Security Review Certification and Market Supervision Big Data Center, as well as 15 units including CETC, CEIEC, Deloitte, Peking University Lingang Science and Technology Innovation Center, and Chengdu Intelligent Systems, jointly launched the Data Compliance Promotion Initiative. They are collectively promoting the dissemination of relevant laws and regulations on data security and personal information protection, enhancing corporate awareness of data compliance, promoting the standardized development of data compliance industries, and taking the lead in conducting international rule research on efficient, convenient, and secure cross-border data flows in the Lingang New Area to help enhance data security governance and regulatory capabilities.

The Shanghai Federation of Economic Organizations, together with Cross-border Economic Company, Municipal Investment Promotion Center, China Machinery and Electronics Products Exhibition Center, Municipal Foreign Investment Association, and representatives from overseas trade promotion agencies and industry associations from Singapore, Malaysia, Japan, Germany, and other countries, jointly launched the ceremony for the co-construction of the International Data Economic Industrial Park. Meanwhile, the Shanghai Federation of Economic Organizations will focus on strengthening international park connections, promoting innovative investment promotion policies and systems, coordinating experts and talents from home and abroad, introducing specialized park services, and actively involving multiple parties in park construction to promote the International Data Economic Industrial Park to become an important open platform representing Shanghai's participation in international digital governance.

In addition, Carbon Balanced Technology, Cubic Digital Technology, Range Intelligent Computing Technology Group, and other 10 industrial parks focused on key investment attraction and scenario innovation projects for centralized signing; at the same time, to implement the pilot program for expanding the opening-up of value-added telecommunications services in the country, the first 5 key enterprises initiated related work at the meeting.

▌The 'Carbon Data Cross-border Circulation Green Channel' is launched to build a hub for carbon data cross-border flow.

As a forefront open field for Shanghai to participate in international data cooperation and promote data economic development, Lingang New Area is referred to as the 'International Data Test Field.'

In April this year, the first national data cross-border service center jointly built and operated by the Cyberspace Administration and local governments was put into operation in the Lingang New Area Data Cross-border Service Center, providing full-process services for enterprise data exiting the country.

In May, the Lingang New Area in Shanghai issued the first batch of national guidelines for scenario-based operation of cross-border data, focusing on key areas in the development of the "Five Centers" in Shanghai, combined with the free trade zone and key industries in the Lingang New Area, focusing on solving the most urgent needs in typical scenarios of enterprise data cross-border flow.

Today, green and low-carbon transformation has become a global consensus and trend. Carbon data not only involves the underlying important data of various industries in China, such as energy consumption, production processes, and other key data, but also serves as the data foundation and basis for China's "dual-carbon" goal, with its security, compliance, and accuracy being crucial. At the same time, many low-carbon compliance requirements have been added to international economic and trade rules, such as the EU's Carbon Border Adjustment Mechanism and the new Battery Act. Both domestic and international carbon emission regulations are driving the global supply chain towards green and low-carbon transformation.

However, apart from product carbon footprints and other carbon-related data, the complexity and privacy protection of carbon-related data often put companies in a dilemma. For example, export companies are required by foreign chain anchor companies or brand owners to provide detailed raw material information, production processes, and upstream supply chain information to enhance the credibility and transparency of the supply chain carbon data. The legal regulations on cross-border flow of carbon data internationally are not yet perfect, leaving companies facing legal risks and the dilemma of data privacy protection. Therefore, the demand for cross-border carbon data is urgent, and its compliant cross-border flow is a risk challenge that Chinese companies urgently need to resolve.

During the meeting, the Lingang New Area Management Committee of Shanghai, the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, China Construction Bank Precious Metals and Bulk Commodities Business Department, and Carbon Balance Technology jointly launched a pilot project for "scenario-based" cross-border carbon data, promoting the establishment and improvement of a unified, transparent, and compliant mechanism for cross-border carbon data flow. The pilot project will combine the location advantages and policy support of the Lingang New Area, leverage the professional service capabilities of Carbon Balance Technology, as well as the extensive experience of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products and China Construction Bank in international trade and carbon finance fields, to provide innovative scenario-based services to enterprises and explore new models for compliant cross-border carbon data exiting.

At the launch ceremony of the pilot project for "scenario-based" cross-border carbon data, from left to right, are Ren Dongyan, General Manager of the Precious Metals and Bulk Commodities Business Department of China Construction Bank, Tang Hao, member of the Party Working Committee and Deputy Director of the Management Committee of Lingang New Area, Zheng Chao, Executive Vice President and Director of the Expert Committee of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, and CEO Huang Yanxiang of Carbon Balance Technology.

The Lingang New Area Management Committee Data Division, Lingang Science City, the Institute of Public and Environmental Affairs (IPE), and Carbon Balance Technology jointly launched the "Green Channel for Cross-border Flow of Carbon Data", bridging the compliance, security, and efficient cross-border flow of carbon data, focusing on addressing the urgent needs of current enterprise carbon data compliance for cross-border flow. At the same time, various parties will gather ecological strength to help the Lingang New Area build a hub for cross-border carbon data and provide basic support for China to connect with international green and low-carbon economic and trade rule-making.

To fully leverage the role of data as an "experimental field" and the location and policy advantages of the Lingang New Area, continuously deepen institutional innovation practices, focus on the scenario-based application of cross-border carbon data, relying on the Lingang New Area Data Cross-border Service Center and Carbon Balance Technology's digital carbon management platform, taking the typical scenario of cross-border flow of carbon data for manufacturing enterprises going global as a pilot, the "Green Channel for Cross-border Flow of Carbon Data" establishes an identification and classification system for important carbon data, conducts assessment services for carbon data compliant exits, provides solutions for the urgent need of current enterprises for compliant cross-border flow of carbon data, avoids potential data risks, fully unleashes the economic and environmental value of carbon data to achieve green and high-quality development of enterprises.

Ma Jun, Director of the Institute of Public and Environmental Affairs (IPE) and founder of Blue Map, believes that from environmental compliance to low-carbon transformation, digital empowerment can drive dual carbon actions, and the compliant, secure, and efficient cross-border flow of carbon data can effectively enhance the resilience of the supply chain.