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On January 1, 2025, it marked the first anniversary of the implementation of the "Interim Provisions on Accounting Treatment Related to Enterprise Data Resources" issued by the Ministry of Finance. Over the past year, enterprises nationwide have embraced this shift, capitalizing on data assets as a strategic means to enhance competitiveness, refine liability structures, expand financing avenues, and minimize financing costs. Yu Fenghui, a special invited researcher at the China Financial Think Tank, emphasized that businesses must capitalize on the opportunities presented by the big data era, harnessing data to generate value. Additionally, financial institutions must foster financial innovation services, engage in data asset evaluations, and extend financing support and guarantees to innovative enterprises.
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