China Releases Big Data Development Plan: Xinhua

China on Tuesday unveiled a development plan for the big data industry during the 14th Five-Year Plan period (2021-25), Xinhua reported.

The scale of the country’s big data industry is likely to exceed 3 trillion yuan ($470 billion) by the end of 2025, with a compound annual growth rate of about 25%, the Ministry of Industry and Information Technology said.

Read the full report: Xinhua.

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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