The Global Big Data Exchange in Guiyang, capital of Southwest China's Guizhou province, is ratcheting up efforts to facilitate the circulation and transaction of data elements, as the country has issued a guideline on building basic systems for data and putting data resources to better use.
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, inject fresh impetus into the digital economy and promote high-quality development, industry experts said on Tuesday after reviewing a guideline.
China's accelerated efforts to establish a data property rights system and mechanism concerning the circulation, transaction and revenue distribution of data elements will enhance the value of data resources, ensure data security and provide a big boost to high-quality development of the digital economy, industry experts said.