China will ratchet up resources to deepen reforms related to the market-oriented allocation of data elements and accelerate the cultivation of a unified national data market in 2026, as part of a broader push to unleash the value of data resources and advance the building of a “Digital China”, according to the country’s top data governance regulator.
More efforts should be made to smooth the channels for data circulation and resource allocation, activate both supply and demand in the data market, and foster a vibrant market ecosystem this year, so as to allow data to better empower economic and social development, the National Data Administration said at a national data work conference that ended on Dec 30 in Beijing.
The conference stressed the need to formulate and implement the “Digital China” development plan, foster an open, shared and secure unified national data market, vigorously promote the deep integration of data-driven technological innovation and industrial innovation, and boost data sector development.
The NDA pledged efforts to deepen the integration, application and scenario construction of data, promote urban digital transformation, advance the development and operation of data infrastructure, and improve the basic systems for data.
China will work to boost the growth of artificial intelligence by leveraging data, expand international cooperation in the data sector, actively participate in the formulation of international rules and standards, and carry out international cooperation in the digital economy domain, said the administration.
(By:chinadaily)
