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China’s National Data Bureau and Data Commoditization Efforts
Key Takeaways
- China has established a National Data Bureau to guide the development of the country’s growing data markets.
- State planners believe that commercially-driven and appropriately regulated data markets are needed to grow the economy and reach industrial upgrading goals.
- US companies’ ability to interact with data and data-intensive business partners in China will continue to be tempered by the country’s data security laws, as well as US export controls.