Shandong provincial government issued implementation opinions to accelerate high-quality development of the data industry. The plan creates a provincial data-enterprise incubation pool to regularly admit and nurture firms in six categories: data resources, data technology, data services, data applications, data security and data infrastructure. A tiered cultivation program will scale growth-stage firms and support qualifying companies’ access to regulated financial services and computing-power a

Shandong provincial government issued implementation opinions to accelerate high-quality development of the data industry. The plan creates a provincial data-enterprise incubation pool to regularly admit and nurture firms in six categories: data resources, data technology, data services, data applications, data security and data infrastructure. A tiered cultivation program will scale growth-stage firms and support qualifying companies’ access to regulated financial services and computing-power assistance. Targets: by 2028 the province aims for >25,000 data enterprises, more than 70 listed firms and over 500 unicorns and gazelles.