On March 30, 2017, the Ministry of Industry and Information Technology (the “MIIT”) released the Cloud Computing Three-Year Development Plan (2017-2019) (云计算发展三年行动计划 (2017-2019)) (the “Three Year Plan”) to promote the development of China’s emerging cloud computing industry. The Three Year Plan represents the first time that China’s government has released a national level plan to encourage and promote the development of the cloud computing services industry, and sets the goal of having an RMB 430 billion cloud computing industry by 2019.
