A data processing method executed by a terminal device includes: receiving first indication information sent by a network device; receiving second indication information sent by the network device, where the second indication information is used to indicate that soft values of first data received are to be processed in a first processing manner or a second processing manner, the first data is carried on a second resource, and both the first resource and the second resource include a third resource; determining a target processing manner from the first processing manner and the second processing manner based on the first indication information and/or the second indication information; and processing soft values of data in the third resource in the target processing manner.