China's central bank and eight other departments have jointly issued a notice to strengthen the development and utilization of data in the technology and finance sectors. The initiative aims to promote the open sharing and integrated application of data, encouraging regions to facilitate the use of enterprise revenue and expenditure data. It also supports the creation of trusted data spaces for technological finance and the development of databases for technology-based enterprises by market-oriented credit institutions. AI
IMPACT This policy could facilitate AI-driven financial services and risk assessment for technology companies by enabling better data access and utilization.
RANK_REASON Government policy initiative impacting data utilization in a specific industry sector. [lever_c_demoted from significant: ic=1 ai=0.4]
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