China’s New Data Giant: State-Owned Firm Takes Aim at National Data Strategy

China has created a new state-owned enterprise dedicated to data. The move signals Beijing’s push to centralize and manage data as a strategic national resource. The new entity will focus on data-related operations, though specific responsibilities were not detailed in the source material. State-owned enterprises are companies owned or controlled by the government. The establishment of this firm reflects China’s broader effort to strengthen control over data flows and build infrastructure for the digital economy.