Beijing International Big Data Exchange Established, New Trading Infrastructure and Cross-border Circulation Hub

On March 31st, a press conference was held for the establishment of the Beijing International Big Data Exchange. The new data circulation system standardizes transaction activities while also integrating data confirmation, evaluation, settlement, and new applications and services. This is a continuation of efforts to develop China's digital economy as outlined in the Work Implementation Plan for the Establishment of Beijing International Big Data Exchange released in September 2020.