On October 20, the founding ceremony of National Data Group Co., Ltd. took place in Xiong'an New Area, Hebei. Ding Xuexiang, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, attended the ceremony and unveiled the company's nameplate. Ding Xuexiang underscored that National Data Group should heighten its sense of mission, strike a balance between development and security, deepen data element services, expedite the construction of data infrastructure, and bolster research and development of key core technologies, so as to assume a strategic leading and supporting role in the data sector. In the meantime, it is crucial to enhance corporate governance, define core businesses, and establish an effective operational management system. Additionally, the leadership of the Party should be seamlessly integrated into the entire process of enterprise development, fostering the deep integration of Party building and business operations. Relevant departments and localities should increase their support, and enterprises should strengthen cooperation to jointly propel the development of the data industry.