NDRC and Other Departments: Bolster Eligible Data Industry Projects and Foster Early-Stage and Small-Scale Investments
2024-12-30

The National Development and Reform Commission (NDRC) and other relevant departments have jointly issued guidelines aimed at supporting the high-quality development of the data industry. These measures include enhanced financial and fiscal incentives, leveraging funds such as central budget investments to promote early-stage investments, encouraging local governments to establish subsidiary funds tailored to steer investments into the data industry, and fostering professional investment institutions. Additionally, a comprehensive database for nurturing data enterprises will be established to strengthen investment and financing collaborations, and guide financial institutions in innovating financial products that cater specifically to the unique characteristics of data enterprises.