MIIT Provides Guidance on Industrial Big Data Development
The Ministry of Industry and Information Technology ("MIIT") recently issued the Guiding Opinions on Industrial Big Data Development (the "Opinions").
With a view to tapping the potential of industrial data elements and lifting the development of the industrial big data sector to higher levels, the Opinions map out 18 key tasks in six aspects: (1) accelerating data aggregation; (2) promoting data sharing: (3) deepening data application; (4) improving data governance; (5) strengthening data security; and (6) Facilitating development of this sector. Among others, two key tasks outlined by the Opinions that are aimed at gradually facilitating data sharing and flow on a larger scale and in a more sufficient and orderly manner, are: supporting enterprises in jointly building safe and reliable industrial data space and guiding and regulating the opening up and flow of public data resources; and conducting research to acquire key technologies of data flow, building an industrial big data asset value appraisal system, clarifying the trading rules, tightening market regulation and creating an industrial data market.
(Source: http://www.miit.gov.cn)