DAMA International China Chapter Proposes a Global Trusted Data Space for a Transparent and Legitimate New Order of Data Management

DAMA International China Chapter Proposes a Global Trusted Data Space for a Transparent and Legitimate New Order of Data ManagementOn November 18, 2024, the Data Management Association International (DAMA International) China Chapter (DAMA China) issued a statement calling for global DAMA organizations to collaborate in building a global trusted data space, establishing a transparent and legitimate new order for data management. This initiative comes at a time of accelerated global digital transformation, where data, as a crucial production factor, is increasingly demonstrating a significant multiplier effect on productivity improvement

DAMA International China Chapter Proposes a Global Trusted Data Space for a Transparent and Legitimate New Order of Data Management

On November 18, 2024, the Data Management Association International (DAMA International) China Chapter (DAMA China) issued a statement calling for global DAMA organizations to collaborate in building a global trusted data space, establishing a transparent and legitimate new order for data management. This initiative comes at a time of accelerated global digital transformation, where data, as a crucial production factor, is increasingly demonstrating a significant multiplier effect on productivity improvement.

The rapid development of new-generation information and communication technologies means data is no longer simply added to production processes. Instead, through its unique multiplication effect, it is deeply integrated into core processes across production, distribution, circulation, consumption, and social service management. Data, combined with labor, capital, and technology, plays a synergistic, reusable, and integrative role, significantly multiplying and expanding other production factors, service efficiency, and the overall economy. This multiplier effect not only enhances overall economic efficiency and unlocks the economic value of data but also expands data elements into data assets, laying the foundation for corporate asset appreciation and high-quality development.

Given this, the importance of data management is increasingly prominent. DAMA China Chairman, Huan Ma, points out that against the backdrop of the Chinese government's active promotion of a trusted data space, DAMA chapters in various regions should strengthen communication and collaboration, promoting the sharing of best practices to improve overall data management levels. To this end, DAMA China proposes establishing a global expert committee on trusted data space and actively supporting the work of the SCO Data Asset Comprehensive Service Professional Committee, the Global Data Element Fifty Person Forum, and the International Advanced Institute of Data Management, promoting research and development of cross-border data flow and trust mechanisms.

Cross-border data flow is a crucial component of data management. On November 20, 2024, the Office of the Central Cyberspace Affairs Commission and the National Commission for Information Technology published the "Global Initiative for Cooperation on Cross-Border Data Flows," stating that countries should respect the security measures adopted by other countries to protect national security and public interests related to non-personal data, ensuring the safe and orderly cross-border flow of such data. At the same time, countries should encourage the establishment and improvement of legal and regulatory frameworks for personal information protection, conduct best practice and experience exchanges, improve the compatibility of personal information protection mechanisms and rules, and promote mutual recognition of relevant standards, technical regulations, and conformity assessment procedures.

To further promote the development of global data management standards, DAMA China suggests incorporating research into building global cross-border trusted space regulations as a core component of the upcoming "International Trusted Data Space Management Standard." This will help establish unified standards and technical frameworks, promoting cross-border data governance and interoperability.

Data interoperability refers to the seamless exchange and sharing of datasets across different systems, applications, and organizations, enabling their effective utilization. Achieving data interoperability is significant, enhancing data utilization efficiency, fostering inter-departmental collaboration, strengthening decision-making support, driving business innovation, and ensuring data security and compliance.

Huan Ma stated that DAMA China looks forward to working with DAMA chapters and partners worldwide to explore a safer and more reliable data environment serving the interests of all humankind. This will help create a more transparent, standardized, and efficient global data management system. DAMA China believes that through global collaboration, we can collectively embrace this promising new era and contribute to building a secure, reliable, and trustworthy global data ecosystem.

DAMA China's initiative underlines the urgency and importance of building a global trusted data space amidst the wave of global digital transformation. This requires not only technical standardization and interoperability but also the establishment of international cooperation and trust mechanisms. By strengthening international cooperation, sharing best practices, and establishing unified standards, we can effectively manage data risks, unleash the vast potential of data, and ultimately promote economic development and social progress.

Building a global trusted data space is not easy; it requires the joint efforts of governments, businesses, and international organizations worldwide. This necessitates reaching consensus on data security, privacy protection, and cross-border data flow, and formulating corresponding laws, regulations, and technical standards. It also requires strengthening international communication and coordination and establishing trust mechanisms to ensure data security and orderly flow.

DAMA China's initiative provides vital direction and guidance for building a global trusted data space. By establishing a global expert committee on trusted data space, supporting the work of relevant international organizations, and promoting research and development of cross-border data flow and trust mechanisms, we can gradually build a more transparent, legitimate, secure, and efficient global data management system. This will provide strong support for global economic development and social progress, benefiting all of humanity.

In the future, DAMA China will continue to promote the development and implementation of global data management standards, facilitate cross-border data flow and data security, and make greater contributions to building a global trusted data space. This requires continuous effort and innovation, as well as the joint participation and cooperation of all parties worldwide. Only through concerted efforts can we achieve the modernization of global data governance and fully unleash the enormous potential of data.

Ultimately, the establishment of a global trusted data space will not only be a technological advancement but also a transformation of the global governance model. This will have a profound impact on the global economic, social, and political landscape. DAMA China's initiative provides crucial impetus for this transformation and lays a solid foundation for a better future. Let us look forward to the arrival of a safer, more transparent, and efficient global data management system.

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