Free-Market Capitalism

Trial Launch of China's Public Data Resource Platform

China is preparing to launch its national platform for public data resource registration on a trial basis starting March 1. An official from the National Data Administration explained at a press conference that the platform will function as a comprehensive management system for public data resources while also acting as a central hub for disclosing and discovering relevant information.

Chen Ronghui, deputy head of the administration, outlined that the platform will allow data providers to publish detailed information about their data resources and products. Meanwhile, users can easily search for and access the data they require, boosting transparency and efficiency in data handling.

The development of this platform aligns with China’s broader strategy to integrate data more deeply into the national economy. By harnessing public data, the country aims to cut corporate costs, generate new productive forces, and drive high-quality development across industries, as emphasized by Chen.

This initiative builds on guidelines introduced last year, which seek to accelerate the development and utilization of public data resources. The strategy includes ambitious goals for both the near and long term, with significant progress anticipated by 2025 and a transformative impact on the real economy, consumer dynamics, and governance expected by 2030.

Official figures underscore the rapid growth of China's data market, which reached a transaction volume of over 160 billion yuan in 2024—a more than 30 percent increase from the previous year. Looking forward, efforts will continue to promote cross-sector data integration and develop applications that harness data across multiple scenarios, further unlocking its value.

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5 Comments

Avatar of Habibi

Habibi

“By making data more discoverable, this platform empowers individuals and companies alike. Forward-thinking policy!”

Avatar of Bella Ciao

Bella Ciao

“China’s initiative to register public data is impressive. It will drive innovation and reduce corporate costs across industries.”

Avatar of Marishka

Marishka

“I fear that such initiatives could pave the way for increased surveillance under the guise of economic progress.”

Avatar of Pupsik

Pupsik

“This initiative might help big corporations at the expense of individual privacy. We need stronger oversight.”

Avatar of Marishka

Marishka

“I’m all for leveraging public data to cut costs and drive innovation. This initiative is exactly what we need right now.”

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