Promoting Safe and Orderly Flow of Cross-border Data to Lead Development of Globalization of Digital Economy

Authors

Yongmiao HONG, School of Economics and Management, University of Chinese Academy of Sciences, Beijing 100190, China Academy of Mathematics and Systems Science, Chinese Academy of Sciences, Beijing 100190, China MOE Social Science Laboratory of Digital Economic Forecasts and Policy Simulation, University of Chinese Academy of Sciences, Beijing 100190, ChinaFollow
Ming ZHANG, School of Economics, Xiamen University, Xiamen 361005, China
Ying LIU, School of Economics and Management, University of Chinese Academy of Sciences, Beijing 100190, China MOE Social Science Laboratory of Digital Economic Forecasts and Policy Simulation, University of Chinese Academy of Sciences, Beijing 100190, ChinaFollow

Keywords

digital economy, cross-border data flow, data governance, economic globalization

Document Type

Research on Market-oriented Allocation of Data Elements

Abstract

While cross-border data flow considerably improves the effectiveness of cross-border collaborations, it also faces issues of data sovereignty, national security, conflict of interest, privacy protection and data regulation. It has become a link to the global economy and the center of the game of the new order. First of all, this study analyzes the role of cross-border data flow in economic globalization from the perspective of the economic impact of data elements. It then analyzes the constraints of cross-border data flow in the global context and lists the benefits and drawbacks of China’s data element market construction. In the end, based on the practice of China’s digital economy development, the study puts forward policy recommendations of better integration of government with effective market, promoting R&D application of digital privacy technologies, playing the role of early and pilot implementation in free trade zones and free port areas, implementing differentiated regulatory policies of classification and grading, initiating multilateral agreements to export Chinese solutions for international data governance, and adhering to systemic thinking to lead the globalization of digital economy. It aims to promote the safe and orderly flow of cross-border data, so that China can better grasp the strategic opportunities in the globalization of digital economy.

First page

1418

Last Page

1425

Language

Chinese

Publisher

Bulletin of Chinese Academy of Sciences

References

1 洪永淼, 汪寿阳. 大数据、机器学习与统计学：挑战与机遇. 计量经济学报, 2021, 1(1): 17-35.

Hong Y M, Wang S Y. Big data, machine learning and statistics: Challenges and opportunities. China Journal of Econometrics, 2021, 1(1): 17-35. (in Chinese)

2 洪永淼, 汪寿阳. 大数据如何改变经济学研究范式？. 管理世界, 2021, 37(10): 40-55.

Hong Y M, Wang S Y. How is big data changing economic research paradigms?. Journal of Management World, 2021, 37(10): 40-55. (in Chinese)

3 蔡跃洲, 马文君. 数据要素对高质量发展影响与数据流动制约. 数量经济技术经济研究, 2021, 38(3): 64-83.

Cai Y Z, Ma W J. How data influence high-quality development as a factor and the restriction of data flow. The Journal of Quantitative & Technical Economics, 2021, 38(3): 64-83. (in Chinese)

4 Gordon L A, Loeb M P. The economics of information security investment. ACM Transactions on Information and System Security, 2002, 5(4): 438-457.

5 Gal-Or E, Ghose A. The economic incentives for sharing security information. Information Systems Research, 2005, 16(2): 186-208.

6 Acquisti A, Gross R. Predicting Social Security numbers from public data. PNAS, 2009, 106(27): 10975-10980.

7 Choi J P, Jeon D S, Kim B C. Privacy and personal data collection with information externalities. Journal of Public Economics, 2019, 173: 113-124.

8 Ernst E, Merola R, Samaan D. Economics of artificial intelligence: Implications for the future of work. IZA Journal of Labor Policy, 2019, 9(1): 1-35.

9 洪永淼, 汪寿阳. 数学、模型与经济思想. 管理世界, 2020, 36(10): 15-27.

Hong Y M, Wang S Y. Mathematics, model and economic thought.Management World, 2020, 36(10): 15-27. (in Chinese)

10 Chakravotri B, Bhalla A, Chaturvedi R S. Which countries are leading the data economy?. Harvard Business Review, 2019, (1): 2-8.

11 Shapiro C, Varian H R. Information Rules: A Strategic Guide to the Network Economy. Boston: Harvard Business School Press, 1998.

Recommended Citation

HONG, Yongmiao; ZHANG, Ming; and LIU, Ying (2022) "Promoting Safe and Orderly Flow of Cross-border Data to Lead Development of Globalization of Digital Economy," Bulletin of Chinese Academy of Sciences (Chinese Version): Vol. 37 : Iss. 10 , Article 7.
DOI: https://doi.org/10.16418/j.issn.1000-3045.20220802002
Available at: https://bulletinofcas.researchcommons.org/journal/vol37/iss10/7