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China will speed up the building of a market for data, dubbed the new oil of the digital economy, so that it can be priced and traded like regular commodities, according to a detailed plan that lays out how the country wants to build a modern market system of “high standardsâ€, released by Beijing on Sunday evening.While the plan does not specify who owns the data, what kind of data can be traded or what the trading mechanism will be like, last year Beijing listed data as a new production factor…
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