Guizhou pioneers big data and real economy integration

Southwest China's Guizhou province released standards for integrating big data and the real economy on Dec 28 – the first of its kind in the country.

Since becoming one of the first batches of national technology standard innovation bases, Guizhou has boosted industrial development through technology standards.

The standards for big data and real economy integration will evaluate all sectors of the national economy and propose four primary indexes and 16 secondary indexes based on the digital transformation of the real economy.

The standards will also offer detailed requirements for the framework, content, method and reporting of integrated assessment, and collect the integration demands of Guizhou's industries and companies to prepare for compiling assessment guidelines for each sector.

Since 2017, Guizhou has evaluated big data and real economy integration, helping about 150,000 companies to go through the integration process.

The province's digital economy growth rate has ranked first in China for five years, with 91.2 percent of the industries digitalized.

Guizhou's integration index for big data and the real economy has grown from 33.8 in 2017 to 41.1 this year, meaning the integration process has entered the middle stage. This synthesis has become a robust support mechanism for digital economy growth.