“…Since the Tropical Rainfall Measuring Mission project, precipitation estimates based on satellite retrieval have been considered as a promising tool for large‐scale precipitation measurements (Hou et al., 2013; Huffman et al., 2007). Multiple satellite precipitation estimates products are available (Sun et al., 2018; Y. Zhang et al., 2021a). Depending on whether they are bias‐corrected and the record length of the data, they can be broadly classified into three categories: real‐time or near‐real‐time products (RTs or NRTs), bias‐corrected products (BCs), and climate data records (Y. Zhang et al., 2021a).…”