The transaction volume of the Guiyang-based Global Big Data Exchange (GBDE) has reached 581 million yuan (about 84.6 million U.S. dollars) as of Tuesday.

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EDITED BY| HUXIANA
21 FEB.2023
BEIJING - CHINA - GUIYANG, (Xinhua) 

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Since it started operations in 2015 in the capital city of southwest China's Guizhou Province, the GBDE, the first of its kind in China, has had 480 trading entities.

The GBDE plans to achieve an annual turnover of 10 billion yuan in 2025, according to Li Gang, an official with the bureau that oversees the development of the big data sector in the province.

As the country's first national big data comprehensive pilot zone, Guizhou has been promoting the big data industry as a mainstay of its high-quality social and economic development.

In 2023, Guizhou's GDP is expected to grow by around 6 percent to reach 2.2 trillion yuan, with the digital economy accounting for around 40 percent of its GDP.