WANG Conghu: Strengthening Digital Governance and Vigorously Advancing the Development of the Digital Economy

Independent innovation in the digital domain is the core driving force behind China’s development of the digital economy. Deepening the reform of market-based allocation of data elements is a key measure to unleash the vitality of China’s digital economy. Strengthening oversight of data governance and algorithm security is fundamental to ensuring the openness, transparency, and secure compliance of data-authorized operations. With the continuous iteration of digital technologies and the high-quality, rapid development of the economy and society, China is steadily enhancing its capacity for independent innovation in the digital field, continuously improving the institutional mechanisms for market-based allocation of data elements, and expanding international cooperation in the digital domain. These initiatives will undoubtedly strengthen China’s capabilities in digital governance, significantly accelerate the high-quality development of China’s digital economy, and further advance the modernization of China’s governance system and governance capacity.

(The above views are excerpted and translated from an article by WANG Conghu, a researcher at the National Academy of Development and Strategy, Renmin University of China, published on China.com titled “Strengthening Digital Governance and Vigorously Advancing the Development of the Digital Economy”)

Original article link: http://www.china.com.cn/opinion/think/2025-05/06/content_117859330.shtml

Translator: ZHANG Yuqing

Editor: LIU Qi