Earlier this week, authorities introduced ownership rules to facilitate the trade and circulation of data, while optimizing regulations around data flows abroad, as a vital part of the country's efforts to balance development and security. It has been announced that it will be rolled out this year.
The move, outlined at the National Data Work Conference held in Beijing on Monday and Tuesday, aims to strengthen the digital economy and create new growth points by upgrading traditional industries with digital technology. It was part of a national effort.
Attendees agreed that the National Data Authority, launched in October, will prioritize building a “sound data infrastructure” this year, including a property rights system to help accelerate data flows and transactions, according to a conference media release. did. Rules that determine how profits from data mining are distributed.
The agency was established to protect data security and promote the digital economy. It is managed by the country's top economic planner, the National Development and Reform Commission.
Professor Ouyang Lihui of the Central University of Finance and Economics said in an interview with Security Times that the development of data infrastructure is crucial for the efficient flow of data, and its “multiplier effect” will strengthen traditional industries. Said to be helpful. Data has been leveraged to support work in a variety of fields, from precision agriculture to autonomous driving to efficient steel production.
“The essence of data utilization is to explore more application scenarios,” he said.
Conference participants also suggested mining government statistics and other public data resources to inspire other usage scenarios. He proposed supporting the creative use of personal and corporate data and creating an environment that makes it easier to utilize data.
Officials also emphasized the potential of digitalization in driving progress and pledged to promote quality development through digitalization and develop the digital economy and public services.
They said government investment would be stepped up to build computing capacity and a national network for data distribution, while ensuring “data security is always under strict control” and technical support to protect data. I asked for the level to be strengthened.
In addition, China will strengthen global cooperation in the digital economy and optimize rules for cross-border data flow, the officials said.
According to figures from the conference, China replicated 32 zettabytes of data last year, and by the end of next year, the total amount of global data is estimated to exceed 175 zettabytes.
Xinhua News Agency said that every 10% increase in data flow could increase GDP growth by 0.2 percentage points.