Posts Tagged ‘Beijing’
China’s top economic planner has allocated 660 million yuan (103.6 million U.S. dollars) of special funds to guide cloud computing research, as part of the government’s efforts to boost the sector’s development, the China Securities Journal reported Friday.
The funds, the first batch of their kind, were designated to 15 cloud computing programs scattered across the country’s five cloud-computing pilot cities of Beijing, Shanghai, Shenzhen, Hangzhou and Wuxi, according to the report.
Internet giants Alibaba and Baidu received more than 100 million yuan to lead the projects while several other companies, including Shanghai East-China Computer Co. Ltd and Beijing Teamsun Technology Co. Ltd, received some 15 million to 20 million yuan, the report quoted an unnamed source as saying.
The news gave a brief lift to related stocks despite the downbeat sentiment on the broader market. Stocks of East-China Computer Co. Ltd, rose 2.23 percent in the morning trading to end the session at 23.4 yuan per share.
The business-led projects will experience a five-year assessment period, through which the National Development and Reform Commission will follow and evaluate the process to decide whether to inject more money, according to the source.
The report also said China’s Ministry of Industry and Information Technology (MIIT) has drafted a framework document on the development of cloud computing during the 12th Five-Year Plan period (2011-2015).
Tang Gang, an official with the MIIT, said China will see the effects of applying the technology by the end of the 2011-2015 period, but its large-scale application won’t emerge till the 13th Five-Year Plan period (2016-2020).
According to estimates by Orient Securities, the cloud computing sector in China could be worth 750 billion to 1 trillion yuan over the next five years, about 15 percent of the value of strategic emerging industries.
- Huawei, a China-based leading global information and communications technology (ICT) solutions provider, is considering Gujarat for setting up its manufacturing base. The move which is seen as a fallout of Gujarat chief minister, Narendra Modi’s recent goodwill visit to China also has the company considering on a move to set up an research and development center (R&D) with specific focus on e-Governance and a future technology solutions lab in Gujarat.
- The global telecommunications giant might bring its technical knowhow for setting up a data center, the smart city project for Ahmedabad and Gandhinagar, creating a Government data base in Cloud technology and building linkages with educational institutions,” the state government said in a statement.
- Huawei has strengthen its position in India by providing end-to-end network solutions to all the top 10 Indian telecom operators over the last decade.
- During the five-day visit to China between November 8 to12, Gujarat chief minister laid a foundation to many future plans that will in turn strengthen the business, economic and cultural ties between China and Gujarat. Among the other highlights of the trip include plans of introducing and bettering air connectivity between Ahmedabad and the Chinese cities of Beijing Shanghai and Chengdu.
- The China Rail Engineering has plans to lead a delegation to Gujarat in the next few months to assess the potential and scope for participation through metro or high-speed trains. The two also plan to work on affordable and sustainable housing technology in a bid to create affordable mass housing and make urban areas slum free.
- Nokia Siemens Networks has launched three new 4G devices at PT Expo Comm in Beijing, China. The devices allow consumers to enjoy broadband access at up to 102 Mbps (Megabits per second) downlink and 51 Mbps uplink to support data-intensive services on TD-LTE (time division-duplex, long term evolution) networks.
- A plug-and-play USB dongle, the Nokia Siemens Networks USB-lte 7210 offers mobile broadband to laptops and compatible tablets whilst on the move. Nokia Siemens Networks CPEi-lte 7212 is a wireless router built for indoor use that provides fixed wireless connectivity to TD-LTE services via WiFi or Ethernet. A further wireless router, Nokia Siemens Networks CPEo-lte 7210, built to withstand the weather and be mounted outdoors, can also provide broadband access. The devices are commercially available to support 4G services using the TD-LTE standard in the 2.3 GHz and 2.6 GHz bands allocated for wireless broadband in many parts of the globe.
- The availability of compatible devices in the market can be a significant factor in the uptake of a new wireless technology. By providing devices directly, we allow our customers to offer complete broadband packages to consumers, which in turn would speed up the adoption of new 4G services,” said Ken Riordan, head of devices at Nokia Siemens Networks.
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