Chinese President Xi Jinping attended the 18th BRICS Summit in New Delhi on Saturday.
Xi arrived in New Delhi earlier on Saturday to attend the 18th BRICS Summit at the invitation of Prime Minister Narendra Modi of the Republic of India.
This year's summit will be held from Saturday to Sunday.
Xi attends BRICS summit in New Delhi
China has officially begun data property rights registration, further promoting the use of data and unlocking its value, according to the National Data Administration on Friday.
The registration system essentially issues an identity certificate for data in all its forms. It clearly defines who holds the data, what it can be used for, and who is allowed to use it.
"A unified data property rights registration system at the national level will address the problems of multiple types of data registration, inconsistent standards and insufficient mutual recognition that have existed for some time," said Luan Jie, director of the Policy and Planning Department at the National Data Administration.
Data property rights include the right to hold, use and operate data.
For example, an automaker that lawfully collects production and procurement data owns all three rights of the dataset. If it shares the data with a bank for credit assessment, the bank gains the right to use it. If it authorizes a data intermediary to trade the data, the intermediary obtains the right to operate it. "The rights to hold, use and operate data are independent of one another. Applicants can register one, two or all three rights. Unlike traditional factors of production such as land and labor, data can be copied and shared. The right to use a single dataset, for instance, can be held by multiple parties at the same time. Therefore, any data obtained in a lawful and compliant manner can be registered," Luan explained.
China officially launches data property rights registration system