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The Emergence of Local Digital Platform Vehicles in China

CQ — pp. 1-23 2026-07-06 Original The Emergence of Local Digital Platform Vehicles in China Wenjia Song, Tianguang Meng Abstract Abstract As China’s land-financed development model faces increasing constraints, local governments have turned to public data as a new strategic resource. However, there is a governance puzzle with public data: how can the state mobilize a resource whose ownership remains legally and politically unresolved? This article examines Local Digital Platform Vehicles (LDPVs), hybrid corporations that have proliferated since the early 2010s. Drawing on data gathered from extensive interviews and an original nationwide dataset of LDPVs from 2014 to 2025, we argue that these entities enable local governments to exercise “control without ownership” by asserting authority over data flows rather than through formal property rights. Internally, control is achieved through co-shareholding, task approval, personnel and strategic partner selection, which bind market actors to local developmental objectives. Externally, LDPVs extract value by internalizing subcontractor profits, pursuing data financialization and shifting towards platform-based models. The article shows how China’s local developmental state is developing new organizational instruments for governance in the digital age.