1、Three points to process in 2024Greater China ResearchFebruary 2024DATA CENTRES IN GREATER CHINA Executive SummaryIntroductionThe Three Points to ProcessKey TakeawaysBusiness ContactsResearch Contacts The Market Government Policy Asset Management0304051718202 CUSHMAN&WAK E F IE L DEXECUTIVE SUMMARYTh

2、e Greater China data centre market has continued to evolve since we published our last thematic paper on this market in 2022.As investors,developers and operators continue to involve themselves in the data centre market in the region,there are many themes,topics,and issues to consider.In this report

3、 we look at three key points and they are:The market;Government policy,and;Asset management.When considering the overall data centre market in Greater China,the major city markets can be subdivided into four groups:One significant policy which is expected to further the development of the data centr

4、e market in the Greater China region is The Action Plan for Quality Development of Computational Power Infrastructure for the Chinese mainland.The basic principles and goals of the plan through to 2025 are ensuring:The MarketGovernment Policy Those that are powerhouse markets such as Beijing and Sha

5、nghai;Those that are established markets such as Hong Kong;Those that are developing markets such as Guangzhou,and;Those that are emerging markets such as Taipei(Figure 1).A computational power infrastructure layout that is optimised(Figure 4),and;A computational power network that is sustainable,sa

6、fe and reliable.In Greater China,having a good understanding of the market and of the latest government policies is certainly key to the success in terms of data centre investment,development and operation.Recently,however,there is a third aspect to which investors and operators of data centres in t