Venturous Insights
14 September 2022
Eastern Data,
Western Computing
(ไธๆฐ่ฅฟ็ฎ๏ผ
China has approved projects to build eight national computing hubs and plans on ten national-data centre clusters, indicating the completion of the overall layout for the national integrated big-data center system.
Driving an expectation of US$62.9 billion in annual investment, these data centers signify China’s extra step to channel more computing resources from its eastern regions to its less developed yet resource-rich western regions.
The eastern regions are often met with a shortage of land and energy, threatening the sustainable development of the data centers. Meanwhile, the western regions have abundant resources, especially renewable energy.
VENTUROUS INSIGHTS
- China is dedicated to building the worldโs leading big-data center
- Through the integration of two regions, China will be able to explore the full potential of the data-center building.
- A more balanced national development to solve many other problems
Eastern Data, Western Computing
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VENTUROUS INSIGHTS
People
(ไบบ)
People(ไบบ)
- Founded Xiaomi at the age of 40, Lei Jun was ambitious to get a piece of the fast-growing smartphone industry.
- From a shy and reserved speaker almost anytime and anywhere, Lei Jun has become a global CEO tech icon, increasingly filling the role of the charismatic, industry-changing, celebrity tech leader.
- Lei Jun spoke at Xiaomiโs 11th anniversary last year and set a new target for the company to be the worldโs No. 1 smartphone brand in the next 3 years. Xiaomi surpassed Apple for the first time in 2021, ranking second in the world.
- Last year, Lei Jun resigned as the executive director of multiple Xiaomi-related companies to dedicate his attention to his automotive endeavor. A somewhat expected decision as the EV industry blooms in China.
Technology(ๅคฉ)
- In China, there were approximately 8.8 billion Internet of Things (IoT) connected devices as of 2021, and this number continues to grow steadily and is expected to reach US$15.6 billion by 2025.
- Rising attention to creating standardized IoT operating systems applicable across all smart devices. Chinaโs tech giants such as Huawei, Alibaba, Tencent, etc. are one of the first batches of open-source donors.
- An open-source code community named openKylin was also created to double down on Chinaโs domestic operating systems. An impressive effort by the government to shake off Chinaโs reliance on foreign systems such as Microsoft Windows and Appleโs macOS.
- With the focus of the IoT industry chain gradually shifting upstream, privacy computing becomes the basis of secure operations of IoT. However, this may pose as a tough challenge to China, which is known for its fragmented privacy laws.
Technology
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Capital Market in China
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Capital Markets in China(ๅฐ)
- Investors are inclined to invest in companies with long-term growth prospects and in their later funding rounds to mitigate investment risks.
- Chinaโs real estate sector plummets as homeowners go on a mortgage boycott due to numerous project delays from COVID-19 lockdown across the nation.
- Listed Chinaโs IoT companies have flourished and are now focusing on the power supply and smart home living appliances amidst increasing demand over the past year.
- To spur the economy, interest rates in China have dropped to their lowest level in five years. However, even with near-zero interest rates, weaker borrowers like property firms are struggling to obtain it due to a history of overleveraging.