Recently, Beijing King&Capital (Shanghai) Law Firm has signed an agreement with Shanghai Data Exchange (SDX), in which Beijing King&Capital (Shanghai) Law Firm has become a certified "Data Compliance Assessment Service Provider" of SDX. Both parties will cooperate closely in the field of data compliance.

Shanghai Data Exchange is a quasi-public service organization established under the guidance of Shanghai Municipal People's Government. With the mission of building a data factor market and promoting the process of data assetization, Shanghai Data Exchange undertakes the functions of exploring and innovating the system and norms for data factor circulation, infrastructure services for data factor circulation, data product registration and data product trading. Shanghai Data Exchange focuses on the goal of building an important hub node for global data factor allocation, closely follows the positioning of building a national data exchange, embodies the four features of standardized right confirmation, unified registration, centralized clearing and flexible delivery, and is actively building a highly efficient, convenient, compliant and safe data factor circulation and trading system to lead and cultivate the development of "digital business". Development of "digital business" new industry.

With the release of the "Opinions of the CPC Central Committee and State Council on Building a Data Base System and Better Utilizing the Role of Data Elements" (the "Twenty Articles on Data"), the importance of data as a new type of factor of production has become more and more prominent. King&Capital (Shanghai) Law Firm, taking advantage of its expertise in the field of data compliance, has actively signed cooperation agreements with Shanghai Data Exchange, East China Jiangsu Big Data Exchange Center and Fujian Big Data Exchange. Based on the "Data Security Law", "Network Security Law", "Personal Information Protection Law" and other relevant laws and regulations, institutional norms and operational guidelines, the firm will work together with the exchanges and digital merchants to explore ways to improve the basic system of data elements in China. We will jointly explore the improvement of China's data element basic system construction and contribute to the promotion of data element circulation.