China’s “Internet Plus” economy accounts for one-third of the nation’s GDP with a growth of 15 percent year-on-year. The expansive digitalized ecosystem is in the midst of a digital payment revolution with the number of mobile merchant payments expecting to rise to 577 million in 2019 and to almost 700 million in 2022. Robust growth in technological innovations such as 5G, Internet of Things, and Artificial Intelligence is also driving market demand.
Our data centers in China are strategically situated in metropolises like Shanghai, Nanjing, Nantong, Beijing, Xi’an and Foshan. We are developing greenfield data centers in Nanjing and Nantong, both located in the Jiangsu province. In line with the Integration Initiative of the Yangtze River Delta – the megapolis that covers areas of Shanghai, southern Jiangsu province and northern Zhejiang province – this allows for interconnectivity and backup, forging a new highland that integrates cloud computing and big data analytics across the region.