As cyberthreats rise across the world, China wants to build a US$38.6 billion cybersecurity industry by 2023 while also guarding its national security. Photo: Shutterstock As cyberthreats rise across the world, China wants to build a US$38.6 billion cybersecurity industry by 2023 while also guarding its national security. Photo: Shutterstock
As cyberthreats rise across the world, China wants to build a US$38.6 billion cybersecurity industry by 2023 while also guarding its national security. Photo: Shutterstock

China drafts three-year plan to boost its cybersecurity industry amid increasing concerns for data safety

  • MIIT’s strategy to develop the cybersecurity industry estimates the sector may be worth more than US$38.6 billion by 2023
  • Cyber threats have risen during last year but China is also boosting cybersecurity for national security reasons, experts say

Topic |   China technology
As cyberthreats rise across the world, China wants to build a US$38.6 billion cybersecurity industry by 2023 while also guarding its national security. Photo: Shutterstock As cyberthreats rise across the world, China wants to build a US$38.6 billion cybersecurity industry by 2023 while also guarding its national security. Photo: Shutterstock
As cyberthreats rise across the world, China wants to build a US$38.6 billion cybersecurity industry by 2023 while also guarding its national security. Photo: Shutterstock
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