An Economic Boost

Ensuring security

While Bai, the Beijing worker, says increasing broadband speed and expanding coverage are important, cyber security is even more so.

Rampant computer viruses and hacker attacks have become quite the norm in China. Almost every computer has at least one anti-virus software installed. At present, there are 14 cyber security companies in China. Finance and telecom companies are the two biggest markets for cyber security software.

After the Everbright Securities Co. Ltd. incident on August 16 (see issue No.35 of Beijing Review), the public has become highly concerned about the security of computer systems. According to a statement of the China Securities Regulatory Commission on August 18, there were design flaws in Everbright's trading system, which led to a glitch and brought chaos to the markets.

Under the Broadband China strategy, expanding broadband coverage will be combined with ensuring cyber security, said Zhu at the MIIT.

"I hope in future, when I enjoy high speed, my computer will not become a channel infringing on my privacy," Bai said.

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