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Guangzhou Data Trading settles in Nansha

Updated: 2022-06-14chinadaily.com.cn

Guangzhou Data Trading Co signed a strategic cooperation framework agreement with the investment promotion bureau of Guangzhou Nansha Economic and Technological Development Zone on June 9, marking its settlement in Nansha.

Its main business covers data trading, data product development, data services, data processing, and storage support services, blockchain technology, data asset custody, data asset financial services, as well as other data value-added services.

The company is committed to becoming a data trading professional services company with Guangzhou State-owned assets. It will explore data development and utilization scenarios, mining the hidden value of data, creating the economic value of data elements, as well as activating the data element market.

After settling in Nansha, Guangzhou Data Trading will build an important data element trading hub in the Guangdong-Hong Kong-Macao Greater Bay Area, assist the construction of an international data free trade port, comprehensively enhance the ability to serve the construction of the Greater Bay Area, and other national strategies, as well as promote the high-quality development of Nansha's digital economy. 

It is also dedicated to building an industry-leading data factor market system.

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