Core Viewpoint - The State Council of China has approved a comprehensive reform pilot plan for market-oriented allocation of factors in ten regions, including Fuzhou, Xiamen, and Quanzhou in Fujian Province, aiming to enhance productivity and promote high-quality development [1][2]. Land Factor - Fujian has delegated certain provincial land management powers to local governments, allowing them to approve the conversion of agricultural land to construction land and land requisition [2]. - Quanzhou was designated as one of the first cities to pilot the revitalization of inefficient land use, with further support for Xiamen and Quanzhou to explore redevelopment of low-efficiency industrial land [2]. Labor Factor - The pilot regions will fully lift household registration restrictions to facilitate the orderly flow of labor resources [3]. - Fujian has implemented reforms to the household registration system, allowing for easier settlement of residents, including Taiwanese compatriots [3]. Capital Factor - Fujian is enhancing its multi-tiered capital market system to support the development of the real economy, including the establishment of specialized boards for innovative small and medium-sized enterprises [5][6]. - The province has introduced a financial credit certificate for Taiwanese businesses, providing them with better access to financial services [6]. Technology Factor - Fujian is reforming the management of state-owned intangible assets related to scientific research, allowing universities and research institutions to manage their technological achievements independently [7]. - The province has launched a public service platform for the transfer and transformation of scientific and technological achievements [7]. Data Factor - Fujian has established a public data resource sharing platform and is promoting the marketization of data elements, including the first data asset pledge financing in the country [8][9]. - The province's integrated public data platform has connected over 2,100 business systems, aggregating more than 190 billion data records [8]. Overall Strategy - Fujian aims to continuously advance the market-oriented allocation of factors, focusing on enhancing the systemic, holistic, and coordinated nature of reforms across various factor domains [9].