China targets 15% annual growth in its data industry by 2029, focusing on tech innovation and global competition.

China aims to boost its data industry with a targeted average annual growth rate of 15% by 2029, focusing on technology innovation and fostering globally competitive companies. The guidelines emphasize advancements in cloud-edge computing and storage technologies, aiming to optimize the industry's structure and market integration. By 2028, the database market is projected to grow from over $7.28 billion to nearly $13.5 billion.

3 months ago
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