智通财经网·2026-01-29 23:47Core Insights - The National Data Work Conference will be held in Beijing from December 29 to 30, 2025, focusing on clarifying the functional positioning of data circulation service institutions, enhancing the efficiency of data circulation transaction services, and promoting a prosperous data market ecosystem. It has been declared that 2026 will be the "Year of Data Factor Value Release" [1][2] Group 1: Policy and Institutional Framework - Since 2024, the pace of policy implementation has accelerated to establish a closed-loop system for data factors. In 2020, the Central Committee and the State Council officially recognized data as the "fifth production factor," alongside labor, capital, land, and technology. This has led to a transition from top-level design documents to actual policies, creating a solid institutional foundation for the industrialization of data factors [2] Group 2: Market Demand and Supply - The demand for AI applications is creating a significant supply gap in the data market. According to the National Data Bureau, the daily Token consumption for AI applications in China surged from 100 billion at the beginning of 2024 to over 30 trillion by the end of June 2025, reflecting a growth of over 300 times in just a year and a half. This rapid growth indicates a burgeoning demand for data supply in the market [2] Group 3: Investment Recommendations - The combination of a closed-loop system and AI catalysis is expected to accelerate the release of data factor value and the blossoming of the industry in 2026. It is recommended to focus on various segments of the industry chain, including data supply, data transaction circulation, data application development, data services, data security, computing power, and network infrastructure [1][2]