券商中国·2025-08-28 10:25Core Viewpoint - The data industry is experiencing significant growth and support from government initiatives, with a focus on building data infrastructure and promoting digital economy integration [1][4][5]. Group 1: Government Initiatives - The National Data Bureau announced plans to launch over ten industry policies this year, including data property rights and digital industry clusters [1][4]. - A total of 30 policies have been proposed to support high-quality development of the digital economy and urban digital transformation [4][5]. - The data industry is projected to reach a value of approximately 49 trillion yuan by the end of this year, accounting for about 35% of GDP [5]. Group 2: Market Performance - On August 28, data center stocks saw a significant rebound, with over 20 related stocks hitting the daily limit or rising more than 10% [1][7]. - Notable stocks included Tianfu Communication, which rose by 20%, and Hanwujing, which increased by nearly 16%, reaching a market capitalization of over 660 billion yuan [1][3]. Group 3: Industry Growth - The data industry in China is maintaining an annual growth rate of over 15%, with a current market size exceeding 5.8 trillion yuan [7]. - The number of high-quality data sets has surpassed 400 petabytes, with a significant portion of model training data being in Chinese [4][5]. - Daily token consumption has exceeded 30 trillion, reflecting a growth of over 300 times in a year and a half [4]. Group 4: Technological Development - The National Data Bureau is advancing the construction of national data infrastructure and exploring six technical routes, including privacy protection computing and blockchain [4][6]. - The integration of artificial intelligence and data supply innovation is emphasized, with a focus on enhancing data quality for AI applications [7][8].