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China launches state-owned data entity to boost AI growth

Source: Bloomberg20/10/2026, 13:08
China has created a new state-owned data group under direct central government control, aiming to enhance its data infrastructure and promote technological progress to support its artificial intelligence goals. The move is part of Beijing's broader strategy to solidify its position in the global AI landscape. The establishment of this group underscores the government's commitment to fostering innovation and ensuring data security and efficiency. Officials have emphasized the importance of a robust data infrastructure in driving AI development. This initiative is expected to play a pivotal role in advancing China's technological ambitions in the coming years. The government's focus on data management reflects its strategic priorities for the sector. The new entity is set to contribute significantly to the nation's AI growth and competitiveness.
China launches state-owned data entity to boost AI growth — lupAI