China's computing power scale ranks second in the world

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China ranks second in the world in terms of the scale of its computing power, according to the Ministry of Industry and Information Technology (MIIT).

As of the end of 2022, the total scale of the country's computing power reached 180EFlops, with an annual growth rate of nearly 30 percent, and the total scale of storage capacity exceeded a trillion gigabytes.

The scale of the core computing power industry reached 1.8 trillion yuan (about $0.26 trillion). The China Academy of Information and Communications Technology estimates that every yuan invested in computing power will boost a 3 to 4-yuan growth of China's GDP.

Currently, computing power has been widely applied in such fields as the industrial internet, smart medical care, fintech, distance education and aerospace.

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