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BEIJING, Jan. 16-- Beijing is building a national-level cybersecurity industrial park to boost the industry and tap into the potential of domestic tech companies. Over 10 companies specialized in internet security have signed a contract to move into the park, which has two branches respectively in Haidian district and Tongzhou district, according to the Beijing Municipal Bureau of Economy and Information Technology. Construction on the park started at the end of 2017. By 2020, the industrial output is expected to reach 100 billion yuan (about 14.5 billion U.S. dollars). "We are actively advancing the project. Leading firms in cybersecurity from home and abroad will establish their headquarters in the park," said Jiang Guangzhi, an official with the bureau. As smart cities' initiatives using information technology are rolling out in many cities in China, the demand for internet security infrastructure is high. "The fact that many agencies and organizations are exploring digitization and information technology without sufficient security creates a lot of risks," said Qi Xiangdong, a member of the Beijing municipal committee of the Chinese People's Political Consultative Conference. The committee is currently holding its annual session. "Beijing is the center for political activity, culture, international exchange and technological innovation, but it is also a big target for cyber attacks," said Qi. | 
