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The National Data Bureau, which has been preparing for more than seven months, was officially launched on October 7. Liu Liehong is the director of the State Data Administration, and Shen Zhulin is the deputy director. The National Data Administration currently has dozens of staff on duty, and will continue to expand its team in the future with the official operation. The State Council Institutional Reform Plan, released in March this year, explicitly established the State data Bureau for the first time. The data element market will usher in a new era of institutional improvement, according to experts.