Southwest China's Guizhou province attended the third Internet Economy Summit held in Hong Kong on April 12 and discussed its latest developments in big data.

Hosted by Hong Kong Special Administrative Region, the Internet Economy Summit is one of the largest conferences focusing on innovative technology and Internet economy in Hong Kong and other areas in Asia. This is the first time for Guizhou to be invited to the summit.

Guizhou province is invited to attend the third Internet Economy Summit, which is held in Hong Kong on April 12. [Photo/www.gog.cn]

Mu Degui, member of the Standing Committee of the Guizhou CPC Provincial Committee and head of the Publicity Department of Guizhou province, attended the summit and delivered a speech outlining the development of big data industry in Guizhou.

According to Mu, electronic information manufacturing industry has become the second major growth point of Guizhou's industrial economy. Over the past five years, the income of software and information technology services and the value added of the electronic information industry saw an annual growth rate of 28.5 percent and 62 percent, respectively.

Mu Degui, head of the Publicity Department of Guizhou province, attends the third Internet Economy Summit to discuss developments in Guizhou's big data industry. [Photo/www.gog.cn]

The China International Big Data Industry Expo, held once a year in Guiyang, has transformed from a small regional gathering into a national event which promotes the exchange of ideas among experts, companies and entrepreneurs worldwide.

Meanwhile, 122 of the top 500 enterprises in the world, including Apple, Huawei, Qualcomm, Microsoft and Alibaba, have come to Guizhou to establish big data centers. The province is ramping up its efforts to become China's big data valley and a new center for innovation.

With the development of big data, the Guizhou economy has improved significantly. Last year, Guizhou's annual regional GDP growth was 10.9 percent, ranking second across China for the second year in a row.

Mu said that Guizhou will accelerate the integration of big data with real economy, rural revitalization, public services and social governance and will make significant contributions to the development of big data around the world.