China launches state-owned National Data Group in Xiongan to manage data for AI
Overview
China has launched the National Data Group Co, a state-owned enterprise based in Xiongan New Area in Hebei province, to develop and use national data resources, according to Xinhua as reported by the South China Morning Post.
Xinhua says the company will unlock the value of data elements, serve AI development and foster a data industry ecosystem.
Vice-Premier Ding Xuexiang attended the launch ceremony and called it a "major strategic decision" by the party leadership led by President Xi Jinping.
Written by AI from the articles below · updated Oct 20, 8:59 AM ET
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- South China Morning Post · TechNewsChina creates state-owned National Data Group in Xiongan to manage AI data resources
AIChina has launched the National Data Group Co, a state-owned enterprise based in Xiongan New Area in Hebei province, to develop and use national data resources. According to Xinhua, the company will unlock the value of data elements, serve AI development and foster a data industry ecosystem. Vice-Premier Ding Xuexiang attended the launch ceremony on Tuesday and called it a "major strategic decision" by the party leadership led by President Xi Jinping.
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