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Draft plan aims to ensure data security By MA SI | CHINA DAILY | Updated: 2021-07-13 07:21 Share CLOSE The nation aims to achieve breakthroughs in a number of crucial cybersecurity technologies by 2023. [Photo/IC]
China plans to step up the development of data security products and services, as part of a broader push to cultivate its cybersecurity industry into a 250 billion yuan ($38.6 billion) sector by 2023.
The Ministry of Industry and Information Technology, the industry regulator, said in a draft three-year plan released on Monday that more efforts are needed to enhance capabilities in data management, with a focus on ensuring security in the storage, transfer and privacy of data. The move came as data security becomes a prerequisite for digital economic prowess and countries worldwide ramp up regulatory measures to better govern and protect data assets, experts said.
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Beijing Has More Billionaires Than New York
Forbes Reveals True Identities of Beijing s Richest People
Beijing has overtaken New York for the first time to become the city with the most billionaires in the world. According to Forbes’ 2021 list of the world’s richest people, released in early April, Beijing has 100 billionaires, more than New York, which has 99.
Beijing’s richest are mostly engaged in technology, e-commerce, manufacturing, education, bio-manufacturing, pharmaceuticals, and real estate.
The richest person in Beijing is Zhang Yiming, founder and CEO of technology company ByteDance Ltd., with a fortune of $35.6 billion. Video sharing social platforms Douyin and TikTok, an overseas version of Douyin, are both products of the company.
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