Core Viewpoint - The first Qinghai Data Element Ecological Conference emphasizes the importance of data as a new production factor driving high-quality economic development, focusing on "data assetization and capitalization" and "data empowering industrial development" [3][4]. Group 1: Data Classification and Value Realization - Data is categorized into four levels: data resources, data assets, data products and services, and data elements, highlighting the hierarchical nature of data and its value realization pathways [3][4]. - The narrow definition of data elements requires participation in production activities and value creation, with mechanisms for value creation manifesting as micro-efficiency improvements and macro-reuse multipliers [3][4]. Group 2: Data Value Realization Process - The lower limit of data element value is determined by costs related to data collection and infrastructure, while the upper limit is defined by revenue growth and profit enhancement [4]. - Data must undergo multiple stages, including collection, processing, and analysis, to transform from resources to elements that can directly participate in value creation [4][5]. Group 3: Data Industry Ecosystem - The data industry ecosystem consists of various stakeholders, including data holders, users, vendors, third-party intermediaries, and regulatory bodies, each playing distinct roles in driving data value extraction and release [4][5]. - A specialized division of labor will emerge within the ecosystem, leading to the development of sub-industries such as data cleaning, processing, evaluation, analysis, and compliance [5]. Group 4: Importance of Standards and Regulations - Effective coordination among stakeholders and the realization of data value depend on the establishment of comprehensive standards, regulations, and systems [5]. - A robust standard system is essential for the organic operation of the data industry ecosystem, ensuring the smooth realization of data value [5]. Group 5: Opportunities for Qinghai's Digital Economy - Qinghai province has unique advantages for developing its digital economy, leveraging its high-altitude climate for efficient data center cooling and its status as a major clean energy base [5]. - The province's abundant renewable energy resources can support the green operation of data centers, enhancing its competitive edge in the "green electricity + unique data" sector [5].

Group 1: Overall Achievements of "Two Zones" Construction - As of mid-2025, Xicheng District has incorporated 945 projects into the municipal "Two Zones" construction, with a total investment of 768.23 billion yuan [1] - The financial sector has seen significant contributions, with 208 projects amounting to 620.96 billion yuan, accounting for 80.83% of the total project investment in the district [1] - The financial industry in the region has experienced an average annual growth of 6.9% in value added, while the asset scale of financial institutions has grown by 6.0% annually [1] Group 2: Digital Infrastructure and Economy - Xicheng District is leading in digital infrastructure, with the highest average density of 5G base stations in the city and advanced deployment of 5G-A networks in key areas [2] - The digital economy's value added is projected to exceed 240 billion yuan in 2024, with over 2,600 core digital economy enterprises and 718 large-scale data companies generating over 200 billion yuan in revenue [2] - The district has launched the "Qianxing Chuhai" international public procurement platform, covering over 160 countries and regions, and collecting more than 300,000 overseas bidding information [2] Group 3: Innovation and Technology Policy - Xicheng District is revising its technology industry policy to support scientific innovation and project outcome transformation, with financial support up to 25 million yuan for individual clauses [3] - The district aims to enhance its research and development capabilities and promote industrial upgrades through five major actions focused on data infrastructure and application scenarios [3] - The goal is to establish a national-level data industry cluster and advance the construction of "China Data Street" [3]

Core Insights - China's artificial intelligence capabilities have significantly improved, with AI patents accounting for 60% of the global total [1] - The digital infrastructure has seen substantial development, with 5G base stations reaching 4.55 million and gigabit broadband users totaling 226 million by mid-2023 [1] - The data industry is rapidly growing, with projections indicating over 400,000 data companies and a market size of 5.86 trillion yuan by 2024, reflecting a 117% increase from the end of the 13th Five-Year Plan [1] Industry Developments - Key core technologies in the digital sector have been achieved, particularly in humanoid robots and smart terminals [1] - The integrated circuit industry is expanding, creating a complete industrial chain covering design, manufacturing, packaging, testing, materials, and equipment [1] - The average R&D investment of listed data companies is expected to increase by 79% compared to the end of the 13th Five-Year Plan by 2024, indicating sustained innovation within the industry [1]