At the forum, the Chongqing Big Data Application and Development Administration signed a proposal on the IDC co-construction, sharing, and cooperation with the relevant government departments of Sichuan, Guizhou, Yunnan, and Guangxi.
According to the administration bureau of the Sino-Singapore demonstration project in Chongqing, the value of the business cooperation and cross-border financing projects agreed under CCI amounted to 21.4 billion and 15.1 billion U.S. dollars, respectively.
Nearly 50 companies from both sides have signed IDC leasing contracts or conducted cooperation based on the IDC, covering remote healthcare, smart logistics, and other fields.
It provides a dedicated data channel between Singapore and Chongqing, offering a better network experience featuring lower latency and packet loss and better network reliability.
The IDC is a symbolic project of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity (CCI), and it is Chinas first approved country-to-country dedicated connectivity.
Chinas Sichuan, Yunnan, and Guizhou provinces, and Guangxi Zhuang Autonomous Region announced joining the China-Singapore (Chongqing) International Dedicated Connectivity (IDC) at the IDC Forum held in southwest Chinas Chongqing Municipality Monday.
At present, five of Chinas province-level regions, including Chongqing, have joined the IDC, marking its expanding influence.