
On August 21, 2023, the Ministry of Finance officially released the “Interim Provisions on Accounting Treatment of Enterprise Data Resources” (“Provisions”), which will be implemented from January 1, 2024.
In response to this, under the guidance of the Ministry of Finance, the China Appraisal Society issued the “Guidelines on Data Assets Valuation” (“Guidelines”) on September 8, 2023, which will be implemented from October 1, 2023. Against this backdrop, the valuation of data assets faces new challenges, and data assets’ valuation has become an indispensable and crucial link in promoting data capitalization and the development of the data assets market.