Big-data sector enters new era

Industry achieved a market value of 16.8 billion yuan in 2016

China is embarking on a new era in the big-data sector, as the country gears up to seek breakthroughs in the research and application of big-data distribution and exchange.

China is expected to account for more than 100 billion yuan ($14.47 billion) in the big-data distribution and exchange market by 2020, said Han Han, director of the Engineering Research Center for Big Data Circulation Compliance Assessment. This will come with the support of the National Engineering Laboratory for Big Data Distribution and Exchange Technologies.