2024 China International Big Data Industry Expo in Guiyang

The 2024 China International Big Data Industry Expo is set to take center stage from August 28th to 30th in Guiyang, Guizhou Province. This year’s event is particularly noteworthy as it marks the first time the Expo will be hosted by the National Data Administration. With a focus on enhancing services for businesses, the Expo is expected to play a pivotal role in shaping the future of China’s digital economy.

A Thematic Approach: Six Key Sections

The 2024 Expo is organized around the theme “Digital Intelligence Coexistence: Forging a New Future for High-Quality Digital Economy Development.” To address the various facets of the digital economy, the Expo will feature six major sections:

• Digital Industrialization: Examining how traditional industries are being transformed by digital technologies, paving the way for increased efficiency and innovation.
• Industry Digitization: Focusing on the integration of digital tools and practices into various industries to streamline operations and foster growth.
• Data Valorization: Exploring how data can be leveraged as a valuable asset in today’s economy.
• Digital Governance: Discussing the frameworks and regulations necessary to effectively manage and govern digital ecosystems.
• New Digital Infrastructure: Highlighting advancements in digital infrastructure such as 5G, cloud computing, and blockchain technology.
• Data Security: Addressing the critical importance of safeguarding data in an increasingly digital world.

These sections will also be complemented by specialized exhibition zones, including the Computing Power Ecosystem, Data Elements × Intelligent Manufacturing, and Artificial Intelligence. These zones are designed to showcase cutting-edge technologies and solutions that are at the forefront of the digital transformation.

Expansive Opportunities: A Platform for Businesses

The Expo will offer an expansive 60,000-square-meter exhibition space, providing a comprehensive platform for businesses to showcase their innovations. In a move to support smaller enterprises, one-third of this space is dedicated to “small but refined” standardized booths, ensuring that more companies have the opportunity to present their products and services alongside industry leaders.

This approach aligns with global trends, where the digital economy is becoming increasingly accessible to small and medium-sized enterprises (SMEs). In China, SMEs contribute significantly to economic growth, and platforms like the Big Data Expo offer critical visibility and networking opportunities .

Strengthening Industry Chains: An Ecosystem Approach

One of the standout features of the 2024 Expo is its emphasis on the “Industry Chain Ecosystem” exhibition model. This model leverages the influence of leading companies to attract upstream and downstream enterprises within the industry, creating a comprehensive display of the domestic big data industry chain and showcasing the latest innovations.

China’s focus on building robust industry chains is crucial as the country continues to cement its position as a global leader in technology and innovation. According to a report by McKinsey & Company, China’s digital economy is expected to continue its rapid expansion, contributing significantly to global digital trends .

The Role of Big Data in China’s Economic Growth

Big data is a cornerstone of China’s digital strategy, playing an essential role in the country’s push for innovation-driven growth. As the digital economy expands, the ability to harness big data effectively becomes increasingly important. According to the China Academy of Information and Communications Technology (CAICT), China’s big data market was valued at approximately $100 billion in 2022, with an annual growth rate exceeding 30% . This makes events like the Big Data Expo critical for connecting industry stakeholders, showcasing new technologies, and driving the adoption of data-driven solutions.

Looking Ahead: Building a Digital Future

The 2024 China International Big Data Industry Expo is not just an exhibition; it’s a forward-looking event that reflects China’s ambitions in the digital age. By bringing together industry leaders, innovators, and policymakers, the Expo aims to accelerate the integration of big data across various sectors of the economy. For businesses and professionals eager to stay ahead in the digital era, this event offers an unparalleled opportunity to explore new technologies, network with key players, and gain insights into the future of the digital economy.

References

1. McKinsey & Company, China’s digital economy: Powering global growth.
2. China Academy of Information and Communications Technology (CAICT), China’s Big Data Market Report 2022.
3. China Daily: Big Data Expo highlights innovation in digital economy.
4. Statista: Big data in China – Statistics & Facts.
5. Global Times: China to strengthen digital infrastructure.