China's big-data tech industry improves greatly: white paper

The overall level of China's big-data technology industry has improved significantly, according to a white paper released by the China Academy of Information and Communications Technology (CAICT).

The paper said that China's big-data development environment and innovation capacity have been improving continuously while its market outlook is good.

It pointed out that in 2021, the number of published papers in the field of big data in China accounted for 31 percent of the world, and the total number of accepted patents related to big data accounted for over 50 percent of the world, ranking first.

The same year, the total number of big-data market participants in China exceeded 180,000, and the investment in big-data-related enterprises exceeded a record high of 80 billion yuan (about $11.6 billion).

"In 2022, China continued to step up its efforts in terms of policies, talents and funding, injecting a strong impetus for the further development of big data," said CAICT head Yu Xiaohui.

Released Wednesday at the 5th Data Asset Management Conference, the white paper discussed the overall situation of big-data development in China. 

It provided a detailed overview and analysis of the current situation, challenges and trends in data storage and computing, data management, data circulation, data application, and data security.

(With input from Xinhua)

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