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China sees accelerated growth in data value under three-year action plan

2026-06-12 13:56   Xinhua

  People visit an exhibition area on digital economy at the 10th China-Russia Expo in Harbin, northeast China's Heilongjiang Province, May 18, 2026. (Xinhua/Na Yuqi)

  BEIJING, June 11 (Xinhua) -- More than two years after the introduction of a three-year action plan to boost the development and application of data as a production factor, China has seen the value of data resources further unleashed, an official with the National Data Administration (NDA) said Thursday.

  Luan Jie, deputy director of the department of policy and planning of the NDA, said at a press conference that the country has made significant progress in promoting the innovative application of data resources across various sectors.

  China has been stepping up efforts to develop its data market in recent years. In 2020, the country listed data as a new type of production factor, alongside traditional factors such as land, labor, capital and technology, highlighting its growing role in driving economic growth and digital transformation.

  The NDA, which was established in October 2023, is tasked with advancing the planning and development of a Digital China, the digital economy and a digital society. It is also responsible for advancing the building of basic systems for data and coordinating the integration, sharing, development and application of data resources.

  The three-year action plan on data as a production factor sets out efforts to expand the breadth and depth of data applications across key sectors, foster new industries, business models and growth drivers, and unlock the multiplier effect of data in supporting high-quality development.

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