Haizhu issues China's 1st batch of data broker pilots

Updated: Jun 01, 2022
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Haizhu issued China's first batch of data broker pilots on May 23, which included Guangdong Power Grid Energy Investment, Guangzhou Financial Holdings Credit Service, and Guangzhou Vipshop Data Technology.

These three data broker pilot enterprises are involved in the energy, e-commerce, finance, and other fields, boasting rich social data and mature operational experience.

A data broker is a company that gathers information about entities from different parts of the country by themselves or with the help of others. Data owners can authorize data brokers to exercise their powers. Data brokers play an intermediary role in the data circulation and transaction process. They can also explore the value of data elements.

Haizhu has favorable conditions for the development of digital brokers. Haizhu is developing the Algorithmic Silicon Valley in Pazhou and the "one zone-one valley-one circle" model, in which the one zone refers to Pazhou Artificial Intelligence and Digital Economy Experimental Zone, the one valley refers to Sun Yat-sen University (SYSU) International Innovation Valley, and one circle refers to Haizhu's cultural, business, and tourism integration circle.

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Pazhou Lab in Haizhu. [Photo/WeChat account: gzhzfb]

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