In a joint effort, the National Data Administration, alongside the Cyberspace Administration of China, the Ministry of Industry and Information Technology, the Ministry of Public Safety, and the State-owned Assets Supervision and Administration Commission of the State Council, have issued the "Opinions on Promoting the Development and Utilization of Enterprise Data Resources". These opinions strive to establish a fair and efficient mechanism for allocating data value, thereby encouraging enterprises to innovate and enhance the value of data across the production, supply, circulation, and consumption of data products and services. The guidelines emphasize the principles of market-based evaluation of contributions and reward distribution, ensuring that all stakeholders receive benefits commensurate with their role in generating data value. Additionally, the opinions advocate leveraging the market's decisive role in resource allocation and explore the creation of a revenue allocation and adjustment framework tailored to data products and services, thereby optimizing the government's regulatory role.
