As of June, the Nanning area of the China (Guangxi) Pilot Free Trade Zone (FTZ) has completed 59 projects for digital economy, with an accumulated investment exceeding 32.7 billion yuan ($4.85 billion).
The digital economy is a key industrial cluster in the Nanning area of the Guangxi FTZ. At present, it is home to more than 3,900 digital economy enterprises, with the economic revenue of its featured platforms exceeding 28 billion yuan.
Cloud BAE is a digital economy company in the Nanning area of the Guangxi FTZ. It possesses the nation's leading smart city public service platform, the "i-Nanning" app. It boasts over 6.9 million registered users, providing services to the public more than 450 million times, with the number of daily active users exceeding 800,000.
The Nanning area of the Guangxi FTZ has been committed to helping the development of digital economy enterprises. In 2019, Cloud BAE's operating income was about 50 million yuan, while in 2021, its operating income exceeded 500 million yuan.
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