National Development and Reform Commission: Urges Eligible Regions to Consider Issuing 'Data Credits' and 'Algorithm Credits' to Cut Down on Data Governance and Utilization Expenses
3 day ago / Read about 0 minute
Author:小编   

Today, the National Development and Reform Commission released a notice outlining "Several Measures to Bolster the Growth of Innovative Enterprises in the Digital Economy Sector." The notice encourages local authorities to set up authorized operational frameworks for public data, thereby facilitating the provision, development, and effective use of public data resources. While ensuring strict adherence to data security and regulatory compliance standards, the commission supports data-centric innovative enterprises in engaging with the development of public data resources. It also advocates for the exploration of cost-sharing and revenue-sharing models to cater to the initial data utilization requirements of these enterprises. Furthermore, the commission motivates eligible regions to introduce 'Data Credits' and 'Algorithm Credits' as a means to alleviate the financial burden associated with data governance and utilization.