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.
