Recently, the Ministry of Finance issued the "Guiding Opinions on Strengthening the Management of Data Assets" (hereinafter referred to as the "Guiding Opinions") to standardize and strengthen the management of data assets and promote the development of the digital economy from the aspects of managing data assets in accordance with laws and regulations, clarifying the rights and responsibilities of data assets, steadily promoting the development and utilization of data assets, and strictly preventing risks in the application of data assets.
China is one of the fastest-growing countries in the global digital economy. According to the Digital China Development Report (2022), the scale of China's digital economy has exceeded 50 trillion yuan in 2022, and the proportion of digital economy in GDP has reached 415%, ranking second in the world. Data has become the fifth factor of production. Data assets, as an emerging asset type in the process of digital transformation of the economy and society, are increasingly becoming an important strategic resource to promote the construction of digital China and accelerate the development of the digital economy.
Strengthening the management of data assets will help better play the role of data elements in promoting high-quality economic and social development. He Daixin, director of the Fiscal Research Office of the Institute of Financial Strategy of the Chinese Academy of Social Sciences, said. The Ministry of Finance has actively promoted the management of data assets, issued the Interim Provisions on the Accounting Treatment of Enterprise Data Resources, and issued the Guiding Opinions on the Evaluation of Data Assets. However, data assets are still facing problems such as the obvious lack of high-quality supply, the unclear path of compliant use, and the insufficient application empowerment and value-added, so it is urgent to further improve the institutional system and guide and standardize data asset management through the issuance of guiding documents. The relevant person in charge of the Asset Management Department of the Ministry of Finance said.
In view of the current problems in data asset management, the "Guiding Opinions" make it clear that it is necessary to promote all people to share the dividends of the digital economy and fully release the value of data assets as the goal, to promote the compliant and efficient circulation and use of data assets as the main line, orderly promote data assetization, strengthen the whole process management of data assets, and better play the value of data assets. "Regardless of whether the entity holding data assets is an enterprise or an administrative institution, it should follow the common requirements of financial accounting management and asset evaluation management on the basis of the Data Security Law and personal information protection, and standardize the management of the data assets it holds. The relevant person in charge of the Asset Management Department of the Ministry of Finance said that considering that public data assets are state-owned or public, in order to avoid asset loss and public security risks, the "Guiding Opinions" on the basis of common guidance for full-caliber data assets, there is a focus on making separate regulatory requirements for public data asset management.
He Daixin believes that the protection and utilization of data assets is not only a technical issue, but also involves the income and distribution of public resources, "in the information society and digital economy, to better play the role of public data resources, we must achieve rational use and orderly development."
With regard to the protection of the rights and interests of data assets, the Guiding Opinions clearly protect the relevant rights and interests of various entities in the process of collecting, generating, storing, and managing data assets in accordance with the law. Implement the requirements for the separation of rights for the right to hold data resources, the right to process and use data, and the right to operate data products, and accelerate the construction of a scientifically classified data asset property rights system.
Public data is an important part of data resources, which is related to all aspects of national economic development and contains huge economic and social value, and its development, utilization and market-oriented allocation are of great significance. The relevant person in charge of the Asset Management Department of the Ministry of Finance said. To this end, the "Guiding Opinions" proposes to support public management and service bodies in strengthening the management of the authorized operation and use of public data assets in order to improve their ability to perform their duties and the level of public services.
The Guiding Opinions also propose to support the integration and processing of various data assets by operating entities. Explore the establishment of public data assets** guiding pricing mechanisms or market discovery mechanisms such as appraisal and auction bidding. Encourage the exploration and development of various forms of data asset development and utilization models in data-rich industries such as finance, transportation, medical care, energy, industry, and telecommunications. It is worth noting that the "Guiding Opinions" clearly runs security through the entire process of data asset management, and if it involves the handling of trade secrets and personal privacy, it shall be carried out in accordance with the authority and procedures stipulated by laws and administrative regulations, and shall not exceed the scope and limits necessary for the performance of statutory duties.
The public is very concerned about the issue of data security protection, and it is necessary to coordinate development and security, correctly handle the relationship between data asset security, personal information protection, and the development and utilization of data assets, and truly prevent and control all kinds of risks in the process of development, circulation, and use of data assets. He Daixin said.
*:Economy**.