China Industry Has Grown By More Than 30%

China big data industry has grown by more than 30%
China big data industry has grown by more than 30%

China Big Data Industry Has Grown By More Than 30% In The Past Five Years

Senior officials of China’s big data department achieved a compound growth rate of more than 30% during the 13th Five-Year Plan period (2016-20), with annual sales of 1 trillion yuan (US$156 billion) in 2020. The industry regulator said on Monday.

Liu Liehong, deputy minister of the Ministry of Industry and Information Technology, said: “Data has now become an important factor of production and a key engine for accelerating economic development…”

Liu said at the opening ceremony of the 2021 China International Big Data Expo in Guiyang. Guizhou: “The big data industry will be a key driving force for the transition from an industrial economy to a digital economy.” Friday.

After years of development, China has taken a leading position in the field of big data. According to data from the Chinese Ministry of Commerce, China has established more than 819,000 5G base stations. Accounting for more than 70% of the global total. Approximately 310 million mobile phone terminals have joined the 5G network, accounting for more than 80% of the global total.

The Ministry of Industry and Information Technology stated that so far China has had more than 10,000 5G application demonstration projects.

The ministry stated that the next step will be to vigorously promote the continuous acceleration of the development of 5G. Networks and 1000M fiber optic networks, create a new intelligent ecosystem. Promote the use of advanced energy management technologies in data centers.

He added that it will also increase efforts to build new industrial network infrastructure. Encourage enterprises to promote the integration of 5G and industrial Internet to promote innovation. Promote enterprise digital transformation, and improve the digital governance system.


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