Internet security efforts beefed up

Chinese cloud computing service providers are accelerating their efforts in cloud security, as both the government and companies face mounting cybersecurity pressures.

The country's digital economy is booming at an unprecedented rate. It was worth 27.2 trillion yuan ($4.29 trillion) in 2017, accounting for 32.9 percent of the nation's GDP.

"The digital economy has not only brought opportunities but also potential risks," said Zhang Wang, deputy director of the Cyberspace Administration of China, at a recent forum. "In the past few years, an array of problems have frequently happened, including security vulnerabilities, data leakage and cyber attacks, which pose great challenges to protecting individuals, companies and the nation," Zhang said.