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Guiyang and Gui'an see big data investment increase in Jan-Sept

Updated: Nov 5, 2024 english.guiyang.gov.cn Print
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From January to September, big data projects in Guiyang City and Gui'an New Area, Southwest China's Guizhou province, accumulated investments totaling 28.07 billion yuan ($3.95 billion), a 25.08 percent increase year on year.

Private enterprise investments reached 18.19 billion yuan, accounting for 64.8 percent, a 24.32-percentage-point increase from the same period last year. Guiyang and Gui'an accounted for 15.94 billion yuan of the investments, representing 56.8 percent.

Regarding the investment industrial chain, upstream projects received investments of 2.12 billion yuan, accounting for 7.56 percent of the total, mainly in component manufacturing, system software development, and the construction of information technology parks.

Midstream projects received investments of 19.03 billion yuan, accounting for 67.81 percent, primarily in data centers and network infrastructure projects. Downstream projects received investments of 6.92 billion yuan, accounting for 24.63 percent, mainly in big data platforms and applications.

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