Shanghai to invest RMB3 bln in Cloud Computing projects by 2012
Friday, September 10, 2021 2:50 AM

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SHANGHAI, Sep. 10, 2010 (Xinhua News Agency) -- Shanghai's 12 Cloud Computing projects are proceeding well, with a total investment of 3 billion yuan to be completed by the end of 2012, according to sources at the 2010 Cloud Computing Asia-Pacific summit held in Shanghai on September 9.

Shanghai released the Action Plan on Boosting the Development of Cloud Computing Industry in Shanghai (2010-2012), which vows to construct the municipality into a Cloud Computing center of the Asia and Pacific Region, offering outstanding nationwide Cloud Computing infrastructure services.

Xu Yiling, an official of the Shanghai Promotion Center of Software Industry, said the city planned to allocate huge amount of investments in the Clouding Computing sector. China's leading online game operator Shanda Interactive Entertainment (NASDAQ:SNDA) (SNDA.NASDAQ), and Shanghai East-China Computer (600850.SH) both have started the deployment, with the final investment respectively at 1 billion yuan and 500 million yuan.

Shanghai government promises to offer more policy support to the development of Cloud Computing industry, according to Xu. (Edited by Luo Jingjing, luojj@xinhua.org)

 

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