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China's National Data Administration launches unified data property rights registration system for nationwide validity
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On September 11, China's National Data Administration announced the official launch of a data property rights registration system aimed at accelerating the circulation and use of data as a new factor of production. Luan Jie, Director-General of the Policy and Planning Department, stated that the unified national system will address longstanding issues such as the coexistence of multiple registration types, inconsistent standards, and insufficient market mutual recognition. The system is designed to achieve 'one-time registration, nationwide validity,' which is expected to accelerate the construction of an integrated national data market, reduce costs for data circulation and transactions, and promote the release of value from data factors. This policy represents a significant step in China's efforts to formalize and streamline data governance and commerce.
Source report
September 11 — China has officially launched a data property rights registration system, according to the National Data Administration. The initiative is designed to accelerate the circulation and use of data as a new factor of production.
Luan Jie, Director-General of the Policy and Planning Department at the National Data Administration, stated that the implementation of a unified national data property rights registration system will address longstanding challenges in the market, including:
- The coexistence of multiple types of data registrations
- Inconsistent standards across different platforms
- Insufficient mutual recognition among market participants
The system aims to achieve "one-time registration, nationwide validity," which will:
- Accelerate the construction of an integrated national data market
- Reduce costs associated with data circulation and transactions
- Promote the release of value from data factors
Source
thsEastern