China moves towards digital economy dream with national data bureau - News Summed Up

China moves towards digital economy dream with national data bureau


Last week, they unveiled a new plan that aims for the country to lead digital development globally by 2035. "Areas to watch include big data infrastructure, data processing, the digitization of government data as well as data encryption, they added.Analysts say no, upon first read. The bureau will be run by the state planner, the National Development and Reform Commission (NDRC), rather than the country's internet watchdog, the Cyberspace Administration of China. "The new agency seems to be more on the 'data productivity' side, to make and develop data as a strategic strength for China," said Michael Tan, a Shanghai-based partner of law firm Taylor Wessing. "That also explains why CAC remains and this new agency belongs to NDRC.


Source: Economic Times March 09, 2023 07:02 UTC



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