From the primary form of"data elements"to"data commodities"as the unity of use-value and value,and further to"data capital"characterized by productive forces and relations of production,this process elucidates the interplay between technical logic and capital logic.The digital labor force has become pivotal for the proliferation of data capital with data commodities emerging as a crucial form of accumulation within data capital Algorithmic technology-based data capital comprehensively controls the process of social production,consumption,circulation,and distribution.While harnessing the positive role of data capital as a crucial production factor to propel China's economic and social advancement through the development of productive forces,precautions must be taken against the wild growth and disorder expansion brought by its profit-seeking nature,ensuring it contributes actively within the framework of the socialist market economic system.