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In today's rapidly evolving digital landscape, many argue that data has become the most valuable asset of the 21st century—often compared to oil in terms of its importance and potential. As big data transitions from concept to reality, global development has accelerated significantly due to policy support and technological innovation. This shift presents a unique opportunity for countries to reshape their economic and social frameworks, with China being no exception.
With the increasing integration of information technology into daily life and production, the world is witnessing an unprecedented surge in data generation. Data is not just growing in volume—it’s transforming how societies function, how economies operate, and how governments govern. "Whoever controls the data holds the power," a saying that reflects the strategic significance of this new resource.
The United States was among the first to recognize this shift, launching a $200 million Big Data Research and Development Plan in 2012. The initiative aimed to enhance the nation's ability to extract insights from complex datasets, reinforcing national security and scientific advancement. Following suit, Japan introduced its own national strategy in 2013, focusing on open public data and big data utilization as key drivers for long-term competitiveness.
Today, every major country is investing heavily in digital transformation, viewing big data as a critical engine for innovation and growth. China, too, is actively shaping its path through strategic planning and policy implementation. During a recent meeting of the CPC Central Committee's Political Bureau, leaders emphasized the need to accelerate the construction of a digital China, improve infrastructure, promote data sharing, and ensure cybersecurity.
To fully harness the power of big data, several key areas require focused attention. First, breakthroughs in core technologies must be prioritized, with full support from both government and financial sectors. Second, building a robust and independent big data ecosystem is essential, ensuring that the "Internet +" model integrates deeply into industries and improves people’s lives. Third, strong legal and regulatory frameworks must be established to protect data privacy and security. Finally, efforts should continue to reduce costs and increase accessibility, as seen in recent telecom reforms that eliminated roaming charges ahead of schedule.
As the era of big data continues to unfold, it's clear that those who adapt and innovate will lead the way. For China, this moment represents not just a challenge, but a historic opportunity to redefine its role in the global digital economy.