Recently, the highly anticipated National Data Bureau will officially be listed. With the continuous improvement of the organizational structure and personnel allocation of the National Data Bureau, the policy-making process in basic areas such as public data operation, data rights registration, and data trading may accelerate. The internal division of the National Data Bureau in the preparatory stage is divided into five groups based on integration, data elements, digital economy, infrastructure, and public data. After the National Data Bureau is officially listed, it may be upgraded to a management department in related fields in the future.

01 | Why should the National Data Bureau be established? Firstly, establishing the National Data Bureau is a major national strategic decision and deployment for data governance and utilization in China. The establishment of the National Data Bureau provides a favorable organizational guarantee for the construction of the basic system of data elements, which is conducive to solving the current development challenges in the field of data elements and digital economy. It also provides national level coordination and coordination for the planning and construction of digital China, digital economy, and digital society, and is conducive to promoting the professional and standardized development of the digital economy. Secondly, establish a national data bureau to unify and coordinate data resource management at the national level, promote cross industry and cross departmental interconnection of information resources, and improve the efficiency and effectiveness of data resource integration, sharing, and development and utilization. By further coordinating the integration, sharing, and development of data resources, promoting the authorization of public data rights, and increasing the openness, cooperation, sharing, and development of public data, the fundamental, leading, and exemplary role of public data in the development and utilization of data elements can be better played. Once again, establishing a national data bureau is conducive to balancing data development and security issues. On the one hand, the state is responsible for the supervision and security management of national data resources, which will mean stricter data security standards and regulatory requirements, enabling more effective control of risks such as data leakage and abuse. On the other hand, the greatest value of data lies in its application. Establishing a national data bureau is conducive to exploring an executable system for data circulation and utilization, and finding the best balance between data security and data utilization applications. Finally, establishing a national data bureau is conducive to the overall promotion of digital China, digital economy, and digital society planning and construction. The planning and construction of digital China, digital economy, and digital society are grand digital infrastructure projects in the new era, and are key forces in restructuring global factor resources, reshaping global economic structure, and changing global competitive landscape. Establishing a national data bureau, constructing a data infrastructure system, and coordinating the integration, sharing, and development of data resources are the foundation and institutional guarantee for promoting the planning and construction of digital China, digital economy, and digital society.

02 | What are the functions of the National Data Bureau? The National Data Administration will be responsible for coordinating the construction of data infrastructure, coordinating the integration, sharing, and development of data resources, and promoting the planning and construction of digital China, digital economy, and digital society. Looking at the current development status of China's data industry, the functions of the National Data Administration are expected to mainly revolve around the following three points: firstly, promoting the circulation of data elements and driving the development of big data-related industries. With the emergence of generative AI, the competition between countries around AI (artificial intelligence) and big data technology will become increasingly fierce in the future. China urgently needs to connect the data market link and create conditions and soil for the localization and localization of generative AI. The recently released "Overall Layout Plan for Digital China Construction" mentions the "2522" framework for digital China construction, which aims to consolidate the "two foundations" of digital infrastructure and data resource system, promote the deep integration of digital technology with the construction of economic, political, cultural, social, and ecological civilization, and strengthen the "two capabilities" of digital technology innovation system and digital security barrier, Optimize the "two environments" of digital development both domestically and internationally. And the construction of these foundations, ecology, capabilities, and environment must be led by a department, which is the National Data Bureau. Secondly, to ensure data security, improve the data governance system and data property rights system. Without rules, there is no square. In the past, the data market was often in a "gray black" zone, and the buying and selling of data containing personal privacy caused many social problems and even threatened national security. The function of the National Data Administration also inevitably includes building a secure environment for data circulation and application. On the one hand, establish regulations and systems, and on the other hand, establish effective data ownership registration, thereby establishing a comprehensive data security supervision system. Thirdly, promote the connectivity and openness of data. In terms of digital government, it is necessary to achieve both the connectivity of government data and the openness of government data. While optimizing government data information services, it is also necessary to effectively leverage the value of government public data elements. Previously, there was a problem of insufficient authority in the data departments of various levels of government, making it difficult to coordinate and coordinate among departments. The level of the National Data Bureau has been further improved and its powers and responsibilities have become more centralized, enabling it to better fulfill its relevant responsibilities.

In January of this year, 16 departments including the Ministry of Industry and Information Technology, the National Cyberspace Administration, and the National Development and Reform Commission issued the "Guiding Opinions on Promoting the Development of the Data Security Industry", proposing that by 2025, the basic capacity and comprehensive strength of the data security industry will be significantly enhanced, and the scale of the data security industry will exceed 150 billion yuan, accelerating the cultivation and value release of the data element market. At the end of February, the Central Committee of China and the State Council issued the Overall Layout Plan of Digital China, which defined the core position of building a digital China in promoting Chinese path to modernization. At the same time, digital security barriers and digital technology innovation system were listed as "two capabilities", highlighting the core and base role of data security in digital China. At present, a number of outstanding enterprises have emerged in the field of data security in China, including both comprehensive security vendors and security vendors focused on the field of data security. Comprehensive security vendors are often top players in the cybersecurity industry, with a comprehensive product line and strong consulting, framework, and overall solution capabilities. They have an advantage in the competition between some top customers and top projects. 04 Jingtai Discussion | Which industries will benefit first? The establishment of the National Data Bureau means that the development of data elements and even the digital economy has truly entered the implementation stage. On the other hand, this fully reflects the high importance attached by the national level to data as the core of future economic and social development. It is expected to accelerate the pace of data element circulation and use in the short term, and is conducive to the development of digital economy related industries such as data, algorithms, and computing power in the long term. The adjustment of the top-level management structure reflects the importance of the digital economy, with a clear position as the main line of the digital economy. Data elements and national clouds are two major infrastructure, and industrial trends cannot be ignored. In addition, the integration of cloud and data, and the cloud base is the foundation for data aggregation and circulation. The value of data elements relies on a secure and controllable national cloud platform, which is expected to benefit first. The implementation of data applications is also worth looking forward to.