China to build national cybersecurity industrial park
BEIJING - China will establish a world-class national cybersecurity industrial park to cultivate a 100 billion yuan (15 billion US dollars) cybersecurity industry in Beijing by 2020.
The industrial park will be jointly built by the Ministry of Industry and Information Technology (MIIT) and the Beijing Municipal government.
The park is expected to contribute 330 billion yuan to China's gross domestic product growth and cultivate at least three enterprises with annual revenues exceeding 10 billion yuan by 2020.
Currently, half of China's cybersecurity companies are registered in Beijing, and six of them have over one billion yuan in annual revenue.
In 2016, the scale of China's cybersecurity industry saw an increase of 21.7 percent and it is expected to grow 32.85 percent this year.
- New star orators born as over 1,500 HK students vie for honors
- Seminar urges growth of people's well-being on both sides of Taiwan Strait
- Xi reaffirms China's commitment to friendly cooperation, international equity
- Xi returns to Beijing after state visit to Russia, attending Great Patriotic War victory celebrations
- National science and technology backyard conference held in Hebei
- China's AG600 large amphibious aircraft completes crosswind flight tests
