National Data Group Co., Ltd. Established in Xiong'an New Area, Hebei

On October 20, citing Xinhua News Agency, National Data Group Co., Ltd. was established in the Xiong'an New Area of Hebei Province. The group is a central state-owned enterprise whose main responsibility and core business is the development and utilization of data resources, with its headquarters located in the Xiong'an New Area of Hebei Province. It is understood that the group was established to advance the development and utilization of data resources, unleash the value of data as a factor of production, serve the development of artificial intelligence, and foster a thriving data industry ecosystem. After its establishment, under the guidance of relevant authorities, National Data Group will strengthen central-local coordination, deepen industrial collaboration, promote the sharing of capabilities, experience, and business expansion, and work together to enlarge data value, strengthen the data industry, and optimize the data ecosystem.