Shanghai issued Internet Data Center Construction Guideline (2019 Version), (hereinafter referred to as the Guideline) to regulate and manage a healthier and better data center industry in Shanghai.
ChinData, one of China’s largest customized hyper scale data center operators acquired $570 million fundraising from Bain Capital, marking the largest one ever in China data center industry.
As the digital transformation acceleration for Chinese enterprises, data center construction has stepped into a new era in China, which both pushed digital economy and also brought about pressure for city construction and first-tier cities in particular.
Driven by the booming of online gaming and cross-border e-commerce, Shanghai IDC market reached a size of 8.X billion Chinese Yuan in 2017, with a year-on-year growth of 2X.X%.
In 2017, driven by various information policies and development of Internet industry, the IDC market in Southeast Asia has maintained steady growth, reaching US$1.96 billion, with a growth rate of 15.3%.
