Investment in China’s information security (in line with the strategy) will increase every year

Investment in China’s information security (in line with the strategy) will increase every year. In China, infobez includes INFOPSI.

It is reported that a massive program to strengthen the data security sector will include cooperation between research centers, universities and various companies. The project is expected to lay the foundation “for building the country’s digital economy.” According to the plan, China intends to expand the data security industry by 30% every year: as a result, by 2025 the industry should exceed 150 billion yuan ($22.2 billion at the exchange rate on January 18, 2023).

There are several research institutes and 12 operational bureaus in China. These are the Ministry of Public Security – MOB, the Ministry of State Security – MGB, etc. They are responsible for organizing and conducting electronic warfare and for controlling information channels, including for detecting and intercepting information that undermines the country’s information security. The most famous Chinese projects in this direction are the “Social Credit System” and the “Golden Shield” project.

MIIT’s cybersecurity division says data protection is becoming an integral part of China’s national security. The large-scale initiative will affect a variety of sectors – from telecommunications and transport to finance and healthcare. It is planned to actively use artificial intelligence and blockchain technologies. The program provides for the development of a large number of new products in the field of information security and the improvement of existing solutions.