中债评论｜激发数据要素活力　谱写数字金融文章（附英文版）

中债评论｜激发数据要素活力　谱写数字金融文章（附英文版）

　　With the new round of technological revolution, the digital economy is flourishing, which has a profound impact on economic structure, industrial transformation and even social governance. It also requires the financial sector to accelerate digital transformation, promote digital finance and develop new quality productivity. Data is a fundamental and strategic resource in the digital age, and a key production factor of the digital economy. Unleashing the potential of financial data and stimulating financial innovation is key to growing digital finance and cultivating the new quality productivity in finance.Data is an important driving force for the development of digital finance. Unlike traditional production factors, data features non-competitiveness, economies of scale and strong synergy, which can empower other production factors, change production methods and improve production efficiency猜一生肖. Tapping into and utilizing the multiplier effect of financial data will enable real-time risk management, intelligent decision making and precise resource allocation, thus enhancing the efficiency, quality and scope of financial services to address key areas and challenges in socio-economic development and meet the needs of the multi-level real economy.Data management is critical in unleashing the value of financial data. An efficient data management system comprises data resource utilization with data governance as the core, data asset valuation and data security governance in all processes. It can transform dormant raw data into valuable and systematic assets, forming a data-driven resource allocation and product/service system. This will allow data to be utilized in management processes and business scenarios, and enable market-oriented allocation of factors through data trading and circulation, thus fully releasing the value of financial data.The financial market infrastructure (FMI) plays a leading role in digital transformation正确的生肖. Serving as the “pipeline” and “hub” connecting market participants, the FMI gathers financial market data resources to form a vast, diverse and dynamic data ecosystem and thus functions as a crucial producer, user and service provider of data. Based on its neutral position, the FMI can provide more accurate resource allocation support for addressing challenges such as market information asymmetry and cyclical imbalance of financial resource supply and demand through efficient integration and deep mining of data resources打一生肖. It can run data in a factor-based and market-oriented way to unleash the value of data and enhance the operational efficiency of the financial system. Data is the key to the future. During the strategic opportunity period of the 15th Five Year Plan, financial institutions and the entire financial industry need to take data as a priority and enhance innovation to explore new business models and ecosystems with data as the production factor and technology as the production tool. In this way, they can accelerate the development of digital finance, build an enabling financial system, and present the Chinese solution to the global agenda of digital development.