INTRODUCTION
The scarcity and economic value of data have been widely recognized in the literature on economics and law, earning it the title of being ‘the most valuable resource’ in the world today, according to a cover article in The Economist. In China, where the digital economy has developed rapidly, ‘data’ was recently recognized by its national macro policy as a new crucial factor of production alongside land, capital, knowledge, technology, and labour. Accordingly, the key question is how the rights to this resource should be characterized and allocated in order to facilitate the efficient flow and use of data and promote the development of the overall digital economy. There is currently no unified regulatory approach adopted across jurisdictions. Despite extensive debate among legal scholars, no consensus has been reached on how the law should protect and utilize data resources …
Bingwan Xiong, Jiangqiu Ge and Li Chen, Unpacking data: China’s ‘bundle of rights’ approach to the commercialization of data, International Data Privacy Law, volume 13, issue 2, May 2023, pages 93-106. Published: 17 February 2023.
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