Business

Data new oil of the digital economy

By Ge Xinge and Gong Yueqi | chinadaily.com.cn

Updated: 2024-05-20 09:22

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"Data has now become a crucial element in reshaping the global digital industry's competitiveness," said Xue Lan, dean of the Schwarzman College of Tsinghua University, at the 2024 RCEP Media & Think Tank Forum on May 19. He said cross-border data drives significant economic value by permeating new formats and models of digital trade, and the RCEP also provides crucial new opportunities for businesses in digital trade.

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