Some experts from the communications and finance industries had an in-depth discussion on the demand, tendency and solutions to cross-border data exchange at the Qianhai Shenzhen-Hong Kong Data Cross-border Integration Forum held in Qianhai yesterday.
Yuan Fuyong, vice director of Qianhai Authority, gave a speech at the forum. He said that data, as a new production factor, is the foundation of digitalization, networking and intelligence, and can be quickly integrated into all links of production, distribution, circulation, consumption and social service management.
“The ‘Qianhai Plan’ stipulated a number of missions for Qianhai, such as establishing and improving industry collaboration and connections, and realizing market interconnections with Hong Kong and Macao, which are directly related to data elements,” he said.
Kang Xianpeng from Shenzhen Data Exchange talked about some pain points and business scenarios they encountered when the exchange was exploring cross-border data flow. He said the biggest problem is that China’s related authorities cannot effectively supervise overseas subjects during the data flow and exchange process.
Li Bin from China Telecom Group introduced China Telecom’s global business layout and the company’s enterprise cross-border networking service when tapping the international market.