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China to improve price-governance mechanism, public data usage

( April 2, 2025, 09:57 GMT | Official Statement) -- MLex Summary: China has issued new guiding opinions to enhance price-governance mechanisms, including measures to advance the use of public data. Released by the Communist Party of China Central Committee and the State Council today, the guidelines encourage innovative pricing policies for public data to support the development of the digital economy. Proposals include allowing conditional free use of data products and services for public governance and welfare purposes, while implementing priced usage for those employed in industrial development. The guidelines also highlight a plan to curb below-cost competition as part of a broader effort to regulate market-pricing behavior.The full text of the opinions follows:...

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