Overview
- The National Data Group was inaugurated on Tuesday and will be headquartered in the Xiongan New Area in Hebei province.
- Vice‑Premier Ding Xuexiang attended the launch and described the group's creation as a major strategic decision by party leadership under Xi Jinping.
- Officials say the group will act as a market‑facing state enterprise to develop and package data, build high‑quality datasets, and support China’s ‘AI Plus’ and digital economy efforts.
- The government framed the move as separating roles so the National Data Administration sets policy while the National Data Group handles commercial operations, though officials gave few details on assets, data access rules, or private‑sector relationships.
- China already produces a large share of global data and state media say the group aims to widen data sharing across industries, which could lower barriers for firms using AI and reshape investment opportunities in tech, healthcare, and smart‑city services.