Cloud Computing

China State Council issued policies and opinions on promoting the development of cloud computing

Updated:2015/2/4 10:03

At the end of last month, the State Council of China issued the "Opinions On Promoting the Innovative Development of Cloud Computing and Cultivating New Normal of Information Industry" (hereinafter referred to as the "opinions"), which emphasized that the government will enhance the support for key cloud computing enterprises, several key cloud computing enterprises with strong international competitiveness should be formed by 2020.

This will undoubtedly bring great opportunities for the cloud computing industry. To ensure the development of cloud computing industry, the "opinions" also proposed seven measures including improving the market environment, increasing the fiscal policy supports, improving the investment and financing policies, establishing and perfecting the standard system and the others.

Industry analysts said that this was the first document of the State Council on cloud computing industry, which showed that the cloud computing industry has begun to take shape and caused high attention of the government. According to the introduction, the scale of cloud computing industry reached CNY 650 billion in 2014, with a growth rate of 55%, it is expected that the cloud computing industry will maintain a growth rate of 50%-60% in the next few years in China.

On the target setting, the "opinions" put forward that by the end of 2020, we should realize basic popularization of cloud computing, master the key technologies of cloud computing, meanwhile the service capability of cloud computing should reach the international advanced level and form several key cloud computing enterprises with strong international competitiveness.

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