激发数据要素活力 谱写数字金融文章（附英文版）

  : 市场资讯

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　　-  作者：钟言
　　-  本文原载《债券》2024年12月刊
　　伴随新一轮科技革命，数字经济蓬勃发展，对经济结构、产业变革乃至社会治理产生深远影响，也为金融行业加快数字化转型、做好数字金融大文章、发展新质生产力提出时代要求。数据是数字时代的基础性、战略性资源，是数字经济的关键生产要素。发挥金融数据要素潜能，激发金融创新活力和社会内生动力，是开启数字金融的钥匙，是培育金融新质生产力的引擎。
　　数据是数字金融发展的重要驱动力。有别于传统生产要素，数据要素具有非竞争性、规模经济、强协同性等特点，能够赋能其他生产要素，改变生产方式，提高生产效率。充分挖掘和高效运用金融数据要素的乘数效应，可以实现风险管理实时化、决策支持智能化、资源配置精准化，提高金融服务的效率和质量，拓宽金融服务边界，将金融资源更精准地配置到经济社会发展的重点领域和薄弱环节，满足多层次实体经济需求。
　　数据管理是促进金融数据要素价值释放的核心。高效的数据管理体系涵盖以数据治理为核心的数据资源化，以数据资产估值为核心的数据资产化，以及各环节的数据安全治理，能够将沉睡的原始数据转化为有价值、体系化的数据资产，形成数据驱动型资源配置和产品服务体系，让数据在管理流程、业务应用场景中得到持续深入的利用，并通过数据交易流通实现要素市场化配置，充分挖掘与释放金融数据价值，从而实现真正的数尽其用。
　　金融基础设施发挥数字变革引领作用。金融基础设施作为连接市场各参与方的“管道”与“枢纽”，汇聚金融市场数据资源，形成庞大、多样且充满活力的数据生态系统，是重要的数据生产者、使用者和服务者。基于中立地位，金融基础设施通过对数据资源的高效整合和深度挖掘，能够为破解市场信息不对称、金融资源供需周期性失衡等行业经典难题提供更加精准的资源配置支持，推进数据的要素化、市场化、价值化，打破信息孤岛，推动实现金融体系运行效率倍增。
　　数据是时代的未来，在“十五五”战略机遇期，金融机构和行业应强化数据思维，提升创新意识，探索以数据为生产要素，以技术为生产工具的金融新业态、新生态和新模式，加快推进数字金融发展，建成与数字经济发展高度适应的金融体系，在全球数字化发展大潮中提出中国方案，交出中国答卷！
　　Unleashing the Vitality of Data Elements and Promoting Digital Finance
　　Zhong Yan
　　With the new round of technological revolution，the digital economy is flourishing，which has a profound impact on economic structure，industrial transformation and even social governance.It also requires the financial sector to accelerate digital transformation，promote digital finance and develop new quality productivity.Data is a fundamental and strategic resource in the digital age，and a key production factor of the digital economy.Unleashing the potential of financial data and stimulating financial innovation is key to growing digital finance and cultivating the new quality productivity in finance。
　　Data is an important driving force for the development of digital finance.Unlike traditional production factors，data features non-competitiveness，economies of scale and strong synergy，which can empower other production factors，change production methods and improve production efficiency.Tapping into and utilizing the multiplier effect of financial data will enable real-time risk management，Intelligent decision making and precise resource allocation，thus enhancing the efficiency，quality and scope of financial services to address key areas and challenges in socio-economic development and meet the needs of the multi-level real economy。
　　Data management is critical in unleashing the value of financial data.An efficient data management system comprises data resource utilization with data governance as the core，data asset valuation and data security governance in all processes.It can transform dormant raw data into valuable and systematic assets，forming a data-driven resource allocation and product/service system.This will allow data to be utilized in management processes and business scenariOS，and enable market-oriented allocation of factors through data trading and circulation，thus fully releasing the value of financial data。
　　The financial market infrastructure（FMI）plays a leading role in digital transformation.Serving as the“pipeline”and“hub”connecting market participants，the FMI gathers financial market data resources to form a vast，diverse and dynamic data ecosystem and thus functions as a crucial producer，user and service provider of data.Based on its neutral position，the FMI can provide more accurate resource allocation support for addressing challenges such as market information asymmetry and cyclical imbalance of financial resource supply and demand through efficient integration and deep mining of data resources.It can run data in a factor-based and market-oriented way to unleash the value of data and enhance the operational efficiency of the financial system。
　　Data is the key to the future.During the strategic opportunity period of the 15th Five Year Plan，financial institutions and the entire financial industry need to take data as a priority and enhance innovation to explore new business models and ecosystems with data as the production factor and technology as the production tool.In this way，they can accelerate the development of digital finance，build an enabling financial system，and present the Chinese solution to the global agenda of digital development。
　　-  Editors：Du Zexia，Lu Ningning