Core Viewpoint - The State Council has approved a pilot program for the market-oriented allocation of factors in ten regions, aiming to deepen reforms and promote a unified national market over the next two years [1] Group 1: Pilot Program Overview - The pilot program will be implemented in ten regions including Beijing's urban sub-center, key cities in southern Jiangsu, and the Guangdong-Hong Kong-Macau Greater Bay Area, among others [1] - The program is expected to be completed by 2027, with a focus on broad coverage and significant national demonstration effects [1] Group 2: New Factor Allocation - The pilot will explore new factor allocation methods, including data, computing power, airspace, and spectrum, alongside traditional factors like land and labor [2] - The initiative aims to break down barriers for new factors entering industry and promote their conversion into new productive forces [2] Group 3: Data Resource Utilization - The pilot will emphasize the development and utilization of public data resources, with regions like Beijing and Hangzhou focusing on data sharing and operational authorization [3] - A goal is to create replicable models for public data resource development and utilization [3] Group 4: Human Resources and Land Management - The program will enhance human resource development and promote orderly labor mobility to maximize the role of human resources [4] - It will also reform land management systems, granting pilot regions greater autonomy in land resource management and facilitating the entry of rural collective land into the market [4] Group 5: Financial Support and Technological Innovation - The People's Bank of China will support the pilot by enhancing the role of the market in resource allocation and ensuring financial stability [5] - The Ministry of Industry and Information Technology will promote technological market reforms and support differentiated reform explorations in pilot regions [5]