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China releases development plan for big data industry

December 1, 2021
Source: pdnews.cn pdnews.cn
News Snapshot:
China on Tuesday unveiled a development plan for the big data industry during the 14th Five-Year Plan period (2021-2025). People visit a demonstration center of Guizhou big data pilot zone in Guiyang, capital of southwest China's Guizhou Province, May 25, 2017. (Photo: Xinhua) The scale of the country's big data industry will likely exceed 3 trillion yuan (about 470 billion U.S. dollars) by the end of 2025, with a compound annual growth rate of around 25 percent, the Ministry of Industry and Information Technology (MIIT) said. A market-oriented pricing mechanism for data as a key factor of production will be...
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Tags: big data | capital | China | currency | data | development | Guiyang | Guizhou | information technology | IT | MIIT | Ministry of Industry and Information Technology | photo | pricing | production | Renminbi | technology | U.S. | Xinhua | Yuan

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