Efforts to build systems for data set to boost China ICT sector

The guideline jointly released by the Communist Party of China Central Committee and the State Council said the country’s basic systems for data will involve the establishment of a data property rights system, a circulation and trading system, a revenue distribution system and a security governance system. — China Daily

BEIJING: China’s latest efforts to build basic systems for data and put data resources to better use are expected to activate the value of data elements, industry experts say after reviewing a guideline.

It will also inject fresh impetus into the digital economy and promote high-quality development, they said.