China has issued the first batch of data property rights registration certificates to a total of 56 enterprises and institutions, enabling them to present valid proof of their rights to hold, use and operate the relevant data, according to the National Data Administration on Monday.
The entities that received the certificates mainly fall into three categories: state-owned enterprises, public institutions and private enterprises, covering more than 10 sectors, including healthcare, transportation, information technology and scientific research.
Among the 56 certificates, more than 15 pertain to scenarios related to artificial intelligence (AI) applications.
"We have now completed the registration of high-quality datasets for embodied AI. Moving forward, we will use the data for model training, development and scenario iteration. In the future, provided that compliance and security requirements are met, we will make the data available to companies and research institutions in the field of embodied AI for data collaboration," said Wang Xiaotian, head of embodied AI data products at JD.com.
Currently, entities seeking registration can complete data property rights registration at data exchanges in Beijing, Shanghai and Shenzhen.
The data property rights certificates obtained after registration can be used in various scenarios, such as data transactions and digital trade.
According to the relevant regulations, data property rights registration certificates are generally valid for five years, which will facilitate enterprises' daily production and operations.
"With a data property rights registration certificate, when collaborating with others, one can immediately clarify who holds the data, what they can be used for, and whether they comply with regulations, thereby facilitating the circulation and trading of data. The certificate also serves as proof that the rights holder legally owns or controls the data, supporting enterprises in recognizing data resources as assets. Additionally, the certificate can also assist rights holders in securing financing guarantees, contributing data as equity and exchanging data for capital or equity," said Luo Yuan, compliance director at Beijing International Data Exchange.
The data property rights registration certificates are also expected to play an important role in the new business formats and models of digital trade.
China issues first batch of data property rights certificates to 56 firms, institutions
