Kendra Schaefer, a partner at Beijing-based strategic advisory consultancy Trivium China, said China is essentially trying to build the market infrastructure needed for data to be treated like a tradable asset.<\/p>\n
She pointed out that, unlike traditional assets such as land or capital, data still lacks mature systems to prove ownership, determine value and govern transactions.<\/p>\n
\u201cData trading is actually quite experimental,\u201d she said.<\/p>\n
TURNING AMBITIONS INTO REALITY<\/p>\n
Zetrix AI believes that ASEAN, a regional bloc comprising 700 million people with diverse languages, cultures and economies, could become more than just a consumer of technology.<\/p>\n
\u201cUltimately, this positions ASEAN as a serious data hub, not just a consumer of technology,\u201d Wong said.<\/p>\n
For companies trying to enter new markets, WITO Technology\u2019s Ng said cross-border data services could provide more grounded insights than traditional market research, with Chinese companies expanding into ASEAN among those seeking such information.<\/p>\n
\u201cWhen China wants to export products to ASEAN, they require a very, very comprehensive kind of analysis,\u201d he said.<\/p>\n
But turning that vision into reality remains complicated.<\/p>\n
While China has experimented with cross-border data transactions, turning individual deals and partnerships into a broader international marketplace remains a work in progress.<\/p>\n
SZDEX\u2019s Ou said cooperation with Zetrix AI is still at an early stage.<\/p>\n
The partnership currently focuses on product and channel cooperation, rather than the construction of a fully operational regional platform, he said.<\/p>\n
\u201cThis is a commercial activity,\u201d Ou said, adding that Zetrix had expressed interest in learning from Shenzhen\u2019s experience.<\/p>\n
\u201cBuilding broader channels for data circulation will be a long process,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"Kendra Schaefer, a partner at Beijing-based strategic advisory consultancy Trivium China, said China is essentially trying to build…\n","protected":false},"author":2,"featured_media":503418,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,71731,219,50901,114,3096,61,60,80],"class_list":["post-503417","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificial-intellignce","tag-artificialintelligence","tag-asean","tag-china","tag-data","tag-ie","tag-ireland","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/503417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=503417"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/503417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/503418"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=503417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=503417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=503417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}