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Digital Economy Development Plan: Data as a Factor of Production (2025)

Published: August 20, 2025

Sources & Verification

Primary Source

State Council of the PRC β€” Official document β†—

CPG Analysis

Editor summary based on the official source linked above.

Verification

Verification pending

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⚑ Impact at a Glance

Who is affected

Cloud and AI infrastructure companies; digital transformation consultancies; data analytics and platform companies; investors in China's technology sector.

Cities / Agencies

Nationwide Β· State Council of the PRC

What to do now

For context only. No compliance action required.

Source & verification

Official source Β· Verification pending

Executive Summary

China's State Council released the Digital Economy Development Plan recognizing data as a formal factor of production. The plan opens significant opportunities for foreign companies in data infrastructure, cloud services, AI applications, and digital transformation consulting.

Key Points

1

Data formally recognized alongside land, labor, capital, and technology as a factor of production

2

Data trading exchanges in Beijing, Shanghai, and Shenzhen open to qualified foreign participation

3

Cloud computing and AI infrastructure designated as priority sectors with streamlined foreign investment approval

4

Digital transformation subsidies available to companies modernizing traditional industries

5

Cross-border data flow provisions specifically included for digital services trade

6

Target: Digital economy to represent 50%+ of GDP by 2030, creating massive addressable market