Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Investment

China expands spending on cloud infrastructure services in Q1

June 19, 2023


Abstract : China continued to increase spending on cloud infrastructure services in the first quarter of the year, according to a report by the technology market research firm Canalys.

Visitors watch videos produced by cloud computing technology at the China International Big Data Industry Expo 2023 in Guiyang, southwest China's Guizhou Province, May 26, 2023. (Xinhua/Ou Dongqu)

BEIJING, June 18 (Xinhua) -- China continued to increase spending on cloud infrastructure services in the first quarter of the year, according to a report by the technology market research firm Canalys.

Such expenditure on the Chinese mainland hit 7.7 billion U.S. dollars in the first three months, up 6 percent from a year ago, said Canalys.

The report said the country's spending accounted for 12 percent of the global total.

The market leaders in China remained unchanged in the first quarter, with the top four cloud service vendors being Alibaba Cloud, Huawei Cloud, Tencent Cloud, and Baidu AI Cloud, according to the report.

The four providers accounted for 79 percent of total expenditure in China, said Canalys.  

Scan the QR code and push it to your mobile phone

Keyword: cloud infrastructure

Reading:

Economic Watch: China intensifies moves to bolster economy as recovery continues

China's fixed-asset investment logs stable expansion in January-May

Foreign journalist explores unique folk culture and charm in Yichun, E. China's Jiangxi

Bank of China assists AIIB's panda bond issuance

Desert city becomes high-end tourist attraction in NW China

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial