Guangzhou Data Exchange has reached a strategic partnership with a leading digital asset service group to jointly promote the Nansha Innovation Pilot Zone.

Recently, a leading digital asset financial service group announced the signing of a memorandum of cooperation with the Guangzhou Data Exchange. With the support of the governments of Guangdong and Hong Kong, both parties will promote the establishment of a cross-border flow innovation pilot zone for digital assets in Nansha, Guangzhou, build a compliance investor mechanism, and explore compliant issuance channels for data circulation transactions and innovative digital asset trading services in the Guangdong-Hong Kong-Macao Greater Bay Area, helping to create a new highland for digital economic development in the Guangdong-Hong Kong-Macao Greater Bay Area.

This cooperation is an important measure for both parties to implement the "Opinions on Financial Support for Deepening Comprehensive Cooperation between Guangdong-Hong Kong-Macao and the World in Nansha, Guangzhou" (referred to as the "Opinions"), jointly issued by the People's Bank of China and four other departments. The "Opinions" propose to support the Guangzhou Data Exchange in improving comprehensive services for data circulation and trading, and to strengthen cooperation and connection with licensed digital asset exchanges in Hong Kong, innovating the service methods for digital asset trading.

The achievement of this cooperation is a key step for both parties to actively respond to the national strategic deployment and deeply integrate into the development of the Guangdong-Hong Kong-Macau Greater Bay Area. Using collaborative development in the digital asset field as a breakthrough point, the aim is to promote the deep integration of Hong Kong's financial resources with the technology and industrial resources of the mainland. Fully leveraging the advantages of the mainland's real industry resources and Hong Kong's strengths as an international financial center in global capital aggregation and efficient financial services, an organic linkage and deep complementarity will be formed. Both parties will take specific practical cases as the entry point to fully connect the digital asset trading rule system of Guangdong and Hong Kong, jointly formulate standards for data circulation and innovative digital asset trading services, and actively cultivate a compliant digital asset service ecosystem.

Through deep cooperation between the exchanges in Guangdong and Hong Kong, the ecological system of the digital asset industry can be clarified, along with its compliance and trial-and-error iterative paths. Based on a clear understanding of the safety red lines of institutional innovation and compliance matters, we will anchor the underlying assets on-chain, press the acceleration key for innovative digital asset trading services in the Guangdong-Hong Kong-Macao Greater Bay Area, promote the full-chain development of digital asset projects from idea incubation to industrial landing, and build an innovative ecological system for digital assets with global resource allocation capabilities, thereby comprehensively enhancing the region's strategic position in the global digital economy landscape.

Guangzhou Data Exchange adheres to the functional positioning of "based in Guangdong, oriented towards the Bay Area, serving the whole country". Since its establishment in Nansha in September 2022, it has built a full-chain data circulation and trading ecosystem that "extends horizontally to cities and vertically to industries", covering 25 industries such as intelligent manufacturing, finance, and health care, with 14 data integration application service bases established nationwide. As a key node for the circulation of data elements in the Guangdong-Hong Kong-Macao Greater Bay Area, it deeply explores the mechanism for cross-border two-way data circulation, relying on the "Data Special Zone" to promote the cross-border flow of data elements. It has facilitated the completion of data asset registration for the cross-border data product "offshore trade", helping Guangzhou achieve a "zero" breakthrough in cross-border data asset registration, and promoting the transaction of "ESG rating data" with partners located in Hong Kong, aiding the landing of the first ESG-related cross-border transaction in the country.

This collaboration will further promote the innovative development of the Guangdong-Hong Kong-Macao Greater Bay Area in the digital asset field, laying a solid foundation for building an open, efficient, and secure digital economy ecosystem. Both parties will continue to deepen cooperation, exploring new models for digital asset trading, injecting new momentum into regional economic development.