Abstract: The construction of data element market is the key of the development of digital economy in the 14th Five Year Plan period. This paper uses case analysis, induction and deduction, content analysis and other methods to indirectly reflect the market situation of data elements based on data sorting and comparison. From the perspectives of theoretical research and practical development, and from the three dimensions of policy guidance, development practice and strategic planning, this paper combs the development status and key contents of China’ s data factor market in the future. On this basis, it reveals six major trends in the development of China’ s data element market, namely, the gradual improvement of policy system, the priority of public data governance, the obvious trend of data resource capitalization, the emphasis on data diversified governance, the attention on data security and privacy protection, and the active exploration of cross-border data transactions.

Key words: Data element market, Development trend, Data valuation and pricing, Data transaction mode, Cross-border data transactions