Coin界 News: China's digital economy is transitioning from traditional factor-driven growth to data-driven growth. The core artificial intelligence industry is expected to exceed 1 trillion yuan in 2025. The marketization reform of data factor markets is deepening, and a nationally integrated public data resource registration system has been basically established. However, foundational systems for data property rights definition and circulation trading still need to be improved. There is an urgent need to accelerate the construction of a multi-stakeholder collaborative innovation system to unlock data value.