Estimates show that national data infrastructure is expected to draw 400 billion yuan (around 54.6 billion U.S. dollars) of direct investment every year, with the investment scale reaching about 2 trillion yuan in the next five years, said an official from China's National Data Administration (NDA) on Monday.
On Dec 31, 2024, the NDA, along with other relevant departments, rolled out a guideline for the construction of national data infrastructure.
According to the guideline, China aims to complete building the main structure of the national data infrastructure by 2029.
At a press conference in Beijing on Monday, officials from the NDA said that the building of the national data infrastructure will lower the threshold for enterprises to mine and utilize data, as well as facilitate socially effective investment.
"The national data infrastructure will facilitate the circulation and utilization of data as well as the construction and upgrading of network, computing power and security. Based on preliminary industry estimates, data infrastructure will attract direct investment of about 400 billion yuan each year, driving an investment scale of about 2 trillion yuan in the next five years," said Shen Zhulin, deputy director of National Data Administration.
National data infrastructure to drive 2 trl yuan investment in next five years: official
