Theoretical Measurement and Analysis of Chinese Data Factor Development Index

Data factors are the basic resources, strategic resources and important productivity in the digital economy era. This paper combines two methods of index system and text analysis, and constructs data factor measurement indicators from the provincial macro level and the enterprise micro level. This study found that from 2011 to 2020, the level of development of data factors generally showed a continuous upward trend, of which the upward trend was particularly obvious from 2016 to 2018. Judging from the development situation of various regions, there are still obvious differences in the development levels of data factors in various regions of China. The development level of data factors in the eastern region is the highest and far higher than the national average. The development trend of data factors in the central and western regions is almost the same, and the development level of data factors in the northeast region is the lowest. Judging from the differences in the manufacturing industry, advanced manufacturing industries with high technology intensiveness such as computer, communications and other electronic equipment manufacturing industries, electrical machinery and equipment manufacturing industries, and automobile manufacturing industries have the highest comprehensive index of data factors. The research in this article provides a reference for better evaluating the effectiveness and characteristics of data factors and for the government to formulate relevant policies.