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Alibaba Cloud's computing revenue reached $12 billion, surpassing e-commerce for the first time

  

In the past year, cloud computing has become one of the most spectacular branches of China's IT industry, with an overall growth rate of 40%.

AliCloud _meitu_1

At the IT Leadership Summit held in Shenzhen, Li Ying, co executive director of Digital China, released the "China IT Industry Development Report".

The report shows that China's industrial scale has maintained a steady growth. Last year, the overall business income of the electronics manufacturing industry exceeded 12 trillion yuan, an increase rate of 8.4%; Revenue from software and information technology services reached 4.9 trillion US dollars, up 14.9%.

Li Ying pointed out that objectively, this growth rate has continued to decline in the past few years, but it is still higher than the average growth of GDP.

It is worth noting that the IT industry structure has also undergone tremendous changes in the case of slower hardware growth. The report data shows that the proportion of software and hardware in 2012 was 29.6:100, but in 2016 the proportion has reached 40.8:100, and the software industry has increased by more than 10 percentage points in the industry structure.

Li Ying pointed out that software centered AI, cloud computing and big data have developed rapidly. In particular, cloud computing broke out last year, and maintained a rapid growth of 40% overall. Among them, Alibaba maintained a triple digit growth for seven consecutive quarters. In 2016, Alibaba Cloud's computing revenue reached 12 billion dollars, surpassing e-commerce revenue for the first time. The revenue of Tencent Cloud and Baidu Cloud also doubled.

For the first time since this year, this report also made a comprehensive assessment of 19 major cities in China based on the assessment of the eight major economies. From the regional perspective, the functions of Beijing headquarters economy, Shenzhen electronic information manufacturing, Shanghai IC industry, Hangzhou e-commerce and cloud computing are more prominent. In general, the IT industry is mainly distributed in the Pearl River Delta, the Yangtze River Delta, Beijing, Tianjin and Hebei.

From the perspective of investment and financing, the report points out that there are 2933 investment cases, with a total investment of 23.18 billion yuan, 59 newly listed enterprises and a financing of 22.7 billion yuan. However, the investment direction is relatively concentrated, mainly in unicorn enterprises. Financing for SMEs and the real economy is still relatively difficult.