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China attaches great importance to the development of th

 the big data industry and is willing to share opportunities of the dig

ital economy’s development with other countries and jointly explore new growth drive

rs and development paths by exploring new technologies, new business forms and new models, Xi added.

With increasingly wider applications of digital technologies in China, the country is expected to genera

te and store 27.8 percent of global online data by 2025, up from 23.4 percent last year, according to a re

port by market researcher International Data Corp and data storage firm Seagate.

In comparison, the US share will stand at 17.5 percent by 2025, a drop from its 21 percent share in 2018, the report added.

United Nations Secretary-General Antonio Guterres said that f

rom medicine to transportation to farming, big data presents the world with a r

emarkable tool to advance global progress, but with that opportunity also comes risk.

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