A conference on digital economy commenced in Laishan district, Yantai, East China's Shandong province, on Aug 25, spotlighting the launch of the China Digital Port, the nation's first cross-border data trading platform aimed at Japan, South Korea, and Northeast Asia.
Designated as a "Shandong Provincial Digital Economy Characteristic Cluster Pilot", the China Digital Port stands as an industrial landmark. It functions as a multifaceted platform encompassing a digital circulation hub, industrial incubation base, investment service carrier, and talent development center.
The park area aims to focus on the low-altitude economy, the digital ocean and smart city sectors, and more, creating a digital industrial layout where each building supports a distinct ecosystem.
According to Luo Zunwei, industry director at the Guiyang Big Data Exchange, the China Digital Port also carries the new mission of hosting the Eastern (Yantai) Data Trading Innovation Service Center of the Guiyang Big Data Exchange. This center primarily focuses on data trading and industrial development.
"Our ultimate goal is to establish China's first regional model for 'cross-border data asset monetization', contributing Yantai's solutions to the integrated national data market," Luo stated.
As Yantai's administrative and educational hub, Laishan began its digital economy initiatives several years ago, nurturing two provincial-level digital economy parks and over 40 key digital economy enterprises.
By 2027, driven by the China Digital Port, Laishan's GDP is expected to surpass 70 billion yuan ($9.8 billion), with the added value of core digital economy industries exceeding 8 percent and the number of key digital economy enterprises surpassing 100.
（chinadaily.com.cn）
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