China sets up a state-owned group to develop data resources for AI

China established National Data Group in Xiongan New Area, Hebei province, on October 20. The state-owned company will develop data resources to support artificial intelligence, Chinese state television reported.

The group’s remit includes making data resources available for use and supporting the data industry. Xinhua confirmed the company’s inauguration and said its headquarters are in Xiongan.

According to Chinese state television, the company will coordinate work between central and local authorities and strengthen cooperation across industries. Its tasks also include sharing resources and experience and expanding business activity.