Data Trading Industry Leaps into Fast Lane

(Beijing) – Local governments and their investment partners are eagerly jumping on China's new data industry bandwagon while shrugging off personal privacy and regulatory concerns.

A local government in April opened the nation's first "data exchange" in the city of Guiyang, in the southwestern province of Guizhou. A "data trading center" was launched three months later by a local government in the Donghu area of Wuhan, in central China.