China is reportedly planning to establish a new regulator to oversee data governance in the country, according to sources cited by the Wall Street Journal. The regulator, which would be created as part of a broader government restructuring plan, would be responsible for setting and enforcing data standards, regulating data usage and storage, and ensuring data security.

The new regulator would reportedly be part of the State Council, China's cabinet, and would have the mandate to work with other regulators and industry groups to promote the development of the digital economy.

The move comes as China seeks to tighten control over the technology sector and promote domestic innovation in areas such as artificial intelligence and quantum computing.