On 14 November 2024, the Hong Kong Productivity Council (HKDC) and Shenzhen Data Exchange (SDEC) signed a Memorandum of Understanding to promote data exchange between the two regions. The agreement focuses on five areas: promoting data flows between Shenzhen and Hong Kong under a compliant and lawful standard framework, promoting cooperation between data traders in Shenzhen and Hong Kong, empowering small and medium enterprises (SMEs) to upgrade their data assets, building a data exchange and communication platform between the regions, and exploring a converging system of data governance to promote the digital economy.
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