China reportedly inaugurates state-owned National Data Group in Xiongan

China inaugurated the state-owned National Data Group in Xiongan on Oct. 20, 2026, Reuters reported, citing state media. The group is intended to develop data resources and promote sharing across industries and regions. CCTV described its planned market-operations role as distinct from the National Data Administration’s policy-design role. Vice Premier Ding Xuexiang characterized the group’s establishment as important for pursuing AI opportunities and strengthening China’s competitive edge.