The General Administration of Market Supervision signed a data sharing cooperation agreement with Civil Aviation Administration of China.

On July 18th, the State Administration for Market Regulation (SAMR) and the Civil Aviation Administration of China (CAAC) held a signing ceremony for a data sharing cooperation agreement. This marks the establishment of a normalized cooperation mechanism in the field of data resource sharing and credit regulation coordination between the two departments, ushering in a new development stage for cross-departmental coordinated supervision and service. This cooperation is an important practice in implementing the decisions of the Party Central Committee to "develop general aviation and low-altitude economy" and "accelerate the development of the digital economy," with profound significance in cultivating and developing new productive forces and promoting the modernization of governance capabilities. Based on the concept of complementary advantages and coordinated development, both sides are committed to building a more efficient and precise cross-departmental coordinated supervision service system through data sharing. The cooperation will provide strong data support for both parties' duties and unleash multiple significant values. SAMR will effectively promote the quality and efficiency of work such as collection and disclosure of enterprise credit information, big data monitoring and analysis, credit risk classification, index research, and credit evaluation through expanding the application of enterprise credit information, injecting strong momentum into the modernization of market supervision. At the same time, SAMR's data resources will provide solid support for CAAC to conduct traditional general aviation enterprises and emerging drone enterprise qualification information verification, joint penalties, credit evaluation and regulation, and enterprise delisting, helping the civil aviation industry achieve healthy and safe development. Both parties have expressed their commitment to fully implement the contents of the agreement, fully leverage the efficiency of data sharing, and jointly promote cross-departmental coordinated supervision to a new level, contributing more strength to the continued optimization of the business environment and the high-quality development of general aviation and low-altitude economy.