Chinese Academy of Information and Telecommunications Technology

Cybersecurity in China is a Business Worth $ 8.9 billion

By the end of this year, revenue in China's cybersecurity industry is likely to reach 63.1 billion yuan ($ 8.9 billion), an increase of 23% year-on-year, according to a report by the Chinese Academy of Information and Telecommunications Technology.

Data is an indicator of an upward trend. In 2017, the sector grew by 27.6% to close to 44 billion yuan.