From November 25 to 26, Liu Liehong, the Director of the National Data Administration, headed a delegation to inspect multiple enterprises in Shanghai. The visit centered on the marketization and valuation of data elements. During the visit, Liu Liehong underscored the importance of adhering to the guidelines set forth by the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China. He stressed the necessity of deepening the reform aimed at achieving a market-oriented allocation of data elements, fostering the growth of data-related market entities, and pioneering innovative models for the development and utilization of data. Additionally, he highlighted the need to expand avenues for value realization and expedite the process of data marketization.

Furthermore, Liu Liehong emphasized the significance of advancing the "Data Elements ×" initiative. This involves coordinating collective efforts, driving the development and utilization of data resources, and establishing a conducive environment that facilitates the "supply and utilization of data".