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Bulletin of Chinese Academy of Sciences (Chinese Version)

Data element, marketization, data right delimitation, data pricing, trading mechanism

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Dilemmas And Suggestions On Market-Based Data Allocation, Jinzhao Liu, Shouyang Wang Oct 2022

Dilemmas And Suggestions On Market-Based Data Allocation, Jinzhao Liu, Shouyang Wang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Big data is the primary engine for advancing the development of the digital economy, and market-based data allocation is a crucial method for promoting the development of China's digital economy. However, the current issues of "unclear ownership", "difficult pricing", and "imperfect transaction mechanisms" have severely constrained the market-based allocation of data. The study begins with a discussion of the dilemma of data rights delimitation, pricing, and trading. Then review the strategic initiative of international data market construction and the development of China's data trading market. Finally, based on the practice of China's big data market construction, the study proposes some …