Update: China establishes data-focused new central SOE to unlock data value
Source: Manila Metro
Published on: 2026-10-20 14:01
XIONGAN, Oct. 20 (Xinhua) -- China National Data Group Co., Ltd., a new state-owned enterprise (SOE) directly administered by the central government, was officially inaugurated at a ceremony in Xiongan New Area, north China's Hebei Province, on Tuesday. Headquartered in Xiongan New Area, the newly established enterprise is tasked with specializing in the development and utilization of data resources, bringing the total number of SOEs directly administered by the central government to 100. It is positioned as a national team for data services, a leader in data infrastructure connectivity and a strategic force for national data sci-tech innovation. The group said it will provide clients with inclusive and secure data services, and industry data governance services. Focusing on advancing China's "AI Plus" initiative, the group also vowed to provide high-quality datasets and corpora to f...
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