General situation of investment in smart cities in China
In recent years, the China municipal government has successively launched and promoted pilot projects of smart cities, and the policy dividends related to smart cities have been continuously released, attracting a large amount of social capital to accelerate investment. According to IDC
' s latest Global Smart City Expenditure Guide released in February 22, by 22, China's smart city market expenditure will reach 26.6 billion US dollars, making it the second largest country in the world, only next to the United States.
The three hot investment projects in China market are sustainable infrastructure, data-driven governance and digital management in turn. During the forecast period (218-223), the total expenditure of the three will continue to exceed half of the total investment in smart cities.
with the continuous development of technology and urbanization in China, the market scale of smart cities in China will be further expanded in the future. The rapid development of Internet of Things, cloud computing and other technical fields has laid a solid foundation for the construction of smart cities in China. Taking cloud computing as an example, the key technologies have reached the international leading level, which can support the requirements of complex application scenarios such as massive concurrency, hybrid cloud and cloudy management. According to the data of China Smart City Working Committee, it is predicted that by 222, the market size of smart cities in China will reach 25 trillion yuan.
Calculation of investment space of smart cities in China
Referring to the investment scale of some typical projects in smart city construction and the amount of PPP projects in smart cities, it is found that the provincial core administrative regions, that is, provincial capital cities (for example, Wuhan plans to build smart cities with a total investment of 8 billion yuan within 1 years) usually have an investment amount of 1-5 billion yuan;
in prefecture-level cities (the total investment of Yinjiang Co., Ltd. is estimated to be 3 billion yuan, and the smart city project in Xiangtan, Hunan Province is 2.857 billion yuan), the usual investment amount is 1-3 billion yuan;
at the district and county levels (the investment in smart city in Fengning Manchu Autonomous County of Chengde is 248 million yuan, and that in Hui 'an County of Quanzhou, Fujian Province is 49 million yuan), the investment quota is 1-5 million yuan.
We conservatively, neutrally and optimistically estimate that the investment scale of smart cities is 1 billion yuan, 3 billion yuan, 5 billion yuan, 1 billion yuan, 3 billion yuan, 5 billion yuan, 1 million yuan, 3 million yuan and 5 million yuan respectively according to the administrative units at the provincial capital, prefecture level and county level. It is estimated that the market space for smart city construction is 2,911.8 billion yuan under neutral conditions.
—— For the above data sources and analysis, please refer to Forward-looking Industry Research Institute's Report on Development Trend and Investment Decision Support of Smart City Construction Industry in China.