COCO CHENG
Assistant Vice President of China Business Development Department of SUNeVision
From December 8th to 10th, 2020, the 15th China IDC Industry Annual Ceremony was officially held at the Beijing National Convention Center，Beijing, China. As an iconic event in the data center and cloud computing industry, it provides an efficient communication platform for upstream and downstream industries, such as IDC companies, telecom operators, the Internet, finance, government and manufacturers, and the guests are government leaders, industry experts to thousands of business representatives.
At the IDCC2020 Data Center International Cooperation Summit Forum on December 10th, we are glad to have COCO CHENG, Assistant Vice President of China Business Development Department of SUNeVision to give a speech on "New Era and New Infrastructure".
In the speech, Coco briefly explained the concept of new infrastructure and mentioned that the new infrastructure construction ("new infrastructure") has become a hot topic in economic construction from 2020. It could drive sustainable social and economic growth, reduce resource waste and improve efficiency, so that technology can bring human into a new era of intelligent connection of all things with high-speed transmission and intelligent processing.
She cited the definition of new infrastructure by the National Development and Reform Commission in April 2020: " Guided by new development concepts, driven by technological innovation, based on information networks, the new infrastructure is providing digital transformation, intelligent upgrade, integrated innovation and other service infrastructure systems for high-quality development needs.” She further explained that the “new infrastructure” can be divided into three major development areas: the first is information infrastructure, including 5G, Internet of Things, Communication network facilities(eg. Industrial Internet), new technologies（eg. artificial intelligence, cloud computing, and blockchain) and the computing power of the big data center. The second is the integration of infrastructure, that is, the use of the aforementioned innovative technologies to support the transformation and upgrade of traditional infrastructure projects , such as rail transit and energy supply. The third is innovation infrastructure, including industrial parks and scientific research laboratories, to provide continuous innovation nutrients for the entire system. The development of new infrastructure provides opportunities for bridging the digital divide and narrowing regional gaps, and it also provides a new track for economic development. Driven by new technologies and application scenarios such as 5G, AI, and IoT, the growth of data traffic in Southeast Asia ranks first in the world, and the number of global data centers has also grown rapidly. In 2019, the number of data centers in China exceeded 70,000, accounting for about 23% of the scale of global data centers. Data center investment in the Asia-Pacific region has also continued to grow. The overall transaction volume from 2018 to 2020 (the first eight months) alone has reached US$5.7 billion, which is 7.2 times that of the same period from 2015 to 2017.
She then highlighted the advantages of Hong Kong in the data center industry:
In terms of the scale and maturity of the data market, the Hong Kong data center is considered to be the first-tier data center market in the Asia-Pacific region and highly attractive to investors and data center operators. As of the end of the second quarter of 2020, the total inventory of data centers in Hong Kong was 7.9 million square feet (734,000 square meters) of space, 80% of which are controlled by 10 operators, including the largest local operator, SUNeVision. In the next four years, Cushman & Wakefield predicted that 4.2 million square feet (390,000 square meters) of supply will enter the Hong Kong data center market. As the "Asia Pacific Data Center Headquarters", the market demand or the degree of active participation of operators in Hong Kong will be further expanded. Currently, Hong Kong Data Center. In terms of floor area, 54% are located in Tseung Kwan O, 18% are located in Tsuen Wan and Kwai Chung, and 17% are located in Sha Tin, Tai Po and Fanling.
The submarine cable business in Hong Kong is booming. Many submarine cables from all over the world will connect to Hong Kong due to market demand to maintain low latency and competitiveness. Hong Kong is currently connected to more than 11 regions and the submarine cable system across the Pacific Ocean. According to the ITB (Innovation and Technology Bureau), six new submarine communication optical cable systems will be planned, constructed and put into service between 2020 and 2023. By then, external telecommunications capacity of Hong Kong will be doubled compared with the current one, and it will consolidate the position as a regional telecommunications hub, and drive the demand for network connections and data centers of Hong Kong.
Hong Kong has strong geographical advantages. It is the central point of the entire Asia, and the Internet data connection with Hong Kong featured with low latency, smooth and stable. It is the most convenient choice for Chinese companies to go overseas with the similar culture.
The openness of the Hong Kong market system has enabled the rapid development of technologies in Internet access and switching, data exchange and storage. More than 250 licensed suppliers in Hong Kong provide broadband Internet services, and data center operators could have various choices.
Hong Kong is a financial, international trade and logistics hub in the Asia-Pacific region. It is also the location of regional offices or regional headquarters of many organizations around the world. It has sound telecommunications infrastructure and few natural disasters. It is a strategic gateway to China, and help Chinese companies go global and foreign companies enter the Chinese market. Moreover, Hong Kong is one of the freest economic systems in the world, with the following characteristics: free trade, Libreville market, free circulation of capital, simple and clear tax system and low tax rate.
In addition, the power supply in Hong Kong is extremely reliable and stable, which is mainly provided by two power companies. In recent years, the reliability of power supply is higher than 99.995%. Multi-fuel power generation can provide additional power generation capacity and ensure stable power supply.
In Hong Kong, data and information can be transferred relatively freely and safely, and it creates a reliable environment for data protection and conducive to the operation of regional data centers. Since the implementation of the Personal Data (Privacy) Ordinance in 1996, Hong Kong has provided legal protection in the collection, use and transfer of personal data. Hong Kong has a large number of information and communication technology professionals who are highly mobile and flexible technically proficient with the ability to speak multiple languages. Hong Kong's immigration policy also facilitates professionals from all over the world to work in Hong Kong. Benefiting from the country's development and construction of the Greater Bay Area, Hong Kong will play an important role as an international information center for the data and information circulation of the Greater Bay Area and support the country's efforts to develop the Greater Bay Area.
SUNeVision, Coco inntroduced, as the largest telecommunications and cloud service provider-neutral data center service provider in Hong Kong, has multiple high-end data centers in Hong Kong and can meet various needs of customers. For example, MEGA Plus in Tseung Kwan is designed for high-end computer rooms, which can meet the higher electricity demand of cloud manufacturers and financial institutions. The standard configuration of EGA Plus is 6KV, and also can be customized for higher electricity demand. MEGA TWO in Sha Tin is a strategic base to the Chinese market. It can be easily connected to China. Computer Room ONE in Kwun Tong mainly serves local companies in Hong Kong. JUMBO in Tsuen Wan is close to the mainland and serves as a springboard for mainland companies to move towards the international. Sufficient space and strong power supply mainly serve the financial industry. In addition, SUNeVision will build two new dater centers and are expected to be completed by 2022. After the completion of the two projects, the total floor area of the Group's data center in Hong Kong will be approximately 2.8 million square feet and the total IT load power capacity will be tripled from the current capacity. In addition, the power capacity of MEGA-i will increase by 40%, and the project is expected to be completed by 2020, which will promote the growth of network connection business in the next few years. SUNeVision remains optimistic about the future development prospects of Hong Kong's data center industry, and believe that its highly-connected data center will be an ideal partner for Chinese companies going global.
About IDCNova
IDCNova (Website: www.idcnova.com) is registered under the Hong Kong based Digital Intelligence International Company Limited. As the international presence of Zhongke Zhidao (Beijing) Co Ltd, Ditital Intelligence International aimes at establishing IDCNOVA as a professional media and consulting organization focusing on Internet data center and cloud computing industry, with proactive participation in global emerging markets. IDCNOVA shares the partent company's unparalleled industry resources and influences in China to track the growth of the ecosystem by delivering news and professional advise on data center in China.
English Website: www.idcnova.com
Chinese Website: www.idcquan.com
Wechat Account: 
Twitter: @idcnova
