Cloud computing sees big growth potential in China

Cloud computing service has witnessed a rapid development in China over the past three years, said Liu Duo, a senior expert on information and communication technology, at a forum of the ongoing World Internet Conference in Wuzhen, Zhejiang on Dec 18.

Liu Duo, vicepresident of China Academy of Information and Communication Technology, speaks at a sub forum themed "Internet Technology and Standards –Reliable Cloud Computing and Big Data" in Wuzhen on Dec 18. [Photo/ce.cn]

“The compound annual growth rate was about 35 percent, and it is expected to reach 46 percent this year, with the market size exceeding 10 billion yuan ($1.54 billion),” Liu said.

As the whole world is entering a new Internet era, she said she believes that cloud computing is “an important information infrastructure in the new era.”

She said the technology mainly serves governments and enterprises, accounting for 65 percent of the market share.

China’s top economic planner issued the guidance on cloud computing development on January 30th this year. Governmental departments have joined hands with third-party organizations to enhance supervision and information disclosure, she added.

She continued to explain with figures, “By July, 2015, a total of 96 cloud-computing services have been approved, involving 46 cloud computing providers.”

The Second World Internet Conference, the most high-profiled Internet-related event in China,is taking place in the picturesque water town of Wuzhen, Zhejiang province, Dec 16 to 18. 

The conference, with a goal of “building a cyberspace community of shared destiny”,gathered more than 2,000 participants, including state leaders, government officials, business leaders, Internet bigwigs and experts, etc from more than 120 countries and regions. 

Participants at its ten  forums will exchange views on a wide range of topics such as Internet culture communication, Internet innovation and development, digital economic cooperation, cyber security, Internet plus, cyberspace governance and the digital Silk Road.

Furthermore, the conference will review achievements of China’s Internet development over the last decades and look into the future by displaying a smorgasbord of latest technical inventions.