The report, jointly compiled by Tsinghua University, the International Data Corporation, and Chinese IT firm Inspur, provides a comprehensive assessment of the computing power, efficiency, application and infrastructure of 15 major economies during the period.

China is standing out in artificial intelligence computing, digital transformation of manufacturing and many other fields, according to the report.

Noting that computing power has become the driving force in promoting the digital economy, the report said increasing investment in it will have an amplified and long-term effect on economic growth.

Last month, China approved a project involving the construction of eight national computing hubs and plans to build 10 national data center clusters.

The project indicates that the country's strategy to channel more computing resources from the eastern regions to its less developed yet resource-rich western regions is in full swing.