A Comparison of the Cloud Computing Market between China and the United States

In 2020, the pandemic impacted the global economy and society severely, but it also highlighted the importance of the digital economy for businesses to stay relevant. Last year, China’s digital economy reached 39.2 trillion yuan, achieving a high-speed growth of 9.7%, which is 3.2 times that of the GDP growth rate in the same period. The proportion of digital economy in China's GDP increased by 2.4% compared to the previous year, which has reached 38.6%.