Recently, the 2024 China International Big Data Industry Expo was held in Guiyang, Guizhou. Entering the exhibition hall, a group of cutting-edge technological achievements in the field of data elements made a collective appearance, demonstrating the new progress of data enterprises in riding on "numbers" and advancing with "numbers". Collecting more intelligently. Holding a work phone, scanning and touching the device, the device data can be immediately transmitted to the background. The "Dianhong" power Internet of Things system developed by Southern Power Grid covers different types and brands of power equipment, realizing plug and play of devices, effectively solving problems such as data fragmentation, inconsistent protocols, and insufficient data processing and analysis capabilities. More efficient circulation. The development and utilization of data resources cannot be separated from a trustworthy data circulation environment. We have developed a data circulation infrastructure - Trusted Data Space, which integrates privacy computing, sandbox computing, blockchain and other technologies. It provides a secure and trustworthy data circulation environment for enterprises, realizing 'data is available but invisible, and raw data does not leave the domain', which can effectively dispel enterprises' concerns about data security and compliance circulation. "Jiang Yanan, the product manager of Inspur Cloud Trusted Data Space, said that as of now, the Trusted Data Space platform has completed over 10 billion yuan of credit services for financial institutions. More diverse applications. By collecting dynamic data in the road freight industry such as order information, geographical location, cargo status, and transportation trajectory, Manbang Group improves its data utilization capabilities and development efficiency, achieving minute level vehicle cargo matching between drivers and shippers, reducing fuel costs by an average of 10000 to 20000 yuan per driver, promoting logistics cost reduction, efficiency improvement, energy conservation, and emission reduction. The accelerated release of the value of data elements from collection, processing, circulation to application cannot be achieved without the participation of data enterprises. According to statistics from relevant institutions, the number of data enterprises in China has exceeded 190000 in 2023, with an industry scale exceeding 2 trillion yuan. The average annual growth rate of the data industry from 2020 to 2023 has exceeded 25%, and it is expected to maintain an annual growth rate of over 20% in the coming years. In recent years, with the joint efforts of various departments and localities, the establishment of data infrastructure systems has been accelerated, and the depth and breadth of data resource development and utilization have continued to expand. The development of China's data industry has achieved initial results Chen Ronghui, Deputy Director of the National Data Administration, stated. Active innovation in data technology and applications. In 2023, the total data production in China will reach 32.85 zettabytes, a year-on-year increase of 22.44%. Technological innovations driven by data such as artificial intelligence are accelerating breakthroughs, and the data industry and services are widely penetrating into various industries. New products, models, and formats continue to emerge. The data industry is growing rapidly. The demand for data collection, storage, computing, management, and utilization continues to increase, and the data industry chain is gradually improving. China has initially formed a relatively complete data industry chain, covering various links such as data collection, computing and storage, development and utilization, circulation and trading, and security governance. The super large scale market, massive data resources, and rich application scenarios are favorable conditions for the development of China's data industry Professor Zhang Xianghong from the International Research Center for Information Management Theory and Technology at Beijing Jiaotong University stated that with the accelerated construction of related data products and service chains, China's data industry ecosystem will become more perfect. Liu Liehong, Director of the National Data Administration, stated that in the next step, we will follow the development direction and trend of the data industry, strengthen industrial planning and layout, optimize industrial structure, build an ecosystem of integrated development of large, medium, and small enterprises, and collaborative innovation of the upstream and downstream of the industrial chain, and create a number of data industry clusters with collaborative complementarity, characteristic development, and international competitiveness; Cultivate diversified business entities, strengthen guidance, support fair competition and accelerated development of different types of data enterprises such as data resource enterprises, data technology enterprises, and data application enterprises; Strengthen policy guarantees, target the direction of technological development and major national strategic needs, promote technological breakthroughs in the field of data, advance industry university research cooperation, and accelerate the construction of disciplinary systems and talent teams in the field of data. (New Society)