Facing the developmental demands of the new era, the Third Plenary Session of the 20th Central Committee of the Communist Party of China explicitly proposed the strategic deployment to improve institutional mechanisms for developing new quality productivity (新质生产力) tailored to local conditions. This not only charts the course for regional and industrial advancement but also creates vast research and practical opportunities for academia and industry. Against this backdrop, constructing a scientifically grounded new quality productivity index based on its theoretical and conceptual frameworks has become imperative. Such an index facilitates a comprehensive understanding of the characteristics and developmental trends of new quality productivity at regional, industrial, and enterprise levels, providing a data foundation for academic research and decision-making support for accelerating the cultivation of new quality productivity in China.
Building on this, research teams from the School of Economics at Sichuan University and the School of Finance at Zhongnan University of Economics and Law have synthesized the scientific essence of new quality productivity based on prior research (Zhang XueLan et al., 2024). Aligning with the value orientation of high-quality development, they established an index system that reflects the elemental attributes and structural dimensions of new quality productivity. Non-financial listed enterprises on the Shanghai and Shenzhen A-shares markets (2011-2022) were selected as evaluation subjects. Using text analysis and the entropy method, the team developed a New Quality Productivity Index across four dimensions: new-quality laborers (新质劳动者), new-quality means of labor (新质劳动资料), new-quality objects of labor (新质劳动对象), and optimized combinations (优化组合). The index evaluates the development status of new quality productivity at macro, micro, and industry levels. Through comprehensive, objective, and scientific quantitative analysis, this initiative aims to reveal the current state, inherent patterns, and future trends of enterprise-level new quality productivity, offering robust support for policymaking, corporate transformation, and academic research.
To foster an open academic ecosystem, the Journal of Financial Economics Research (《金融经济学研究》), in collaboration with the research teams from Sichuan University and Zhongnan University of Economics and Law, has decided to publicly release the New Quality Productivity Index data of Chinese listed companies free of charge for experts and readers. Authorized by the journal, CnOpenData has included this dataset in the public data section of its official website for easy access. The full dataset can be downloaded via the Journal of Financial Economics Research WeChat Official Account or directly at the end of this page.
With respect to intellectual property rights, users are permitted to freely utilize the data under the condition of citing the following reference:
- Xu Ziyao, Shen Chengcheng, Zhang XueLan, Wang Jian. Development Report on the Compilation of New Quality Productivity Index for Chinese Listed Enterprises (2011-2022)[J]. Journal of Financial Economics Research, 2025, 40(03): 3-18.
Article Frontpage
Framework of the Index System
Database Usage Guide
Time Period
2011-2022
Field Descriptions
Sample Data
References
- Xu Ziyao, Shen Chengcheng, Zhang XueLan, Wang Jian. Development Report on the Compilation of New Quality Productivity Index for Chinese Listed Enterprises (2011-2022)[J]. Journal of Financial Economics Research, 2025, 40(03): 3-18.