China plans to invest 2 trillion yuan ($295 billion) in the next five years to build a national computing network. China is planning to invest about 2 trillion yuan ($295 billion) in the next five years to build a network of interconnected data centers across the country, with state-owned telecommunications companies operating the main facilities.

China plans to invest 2 trillion yuan (US$295 billion) in the next five years to build a national computing network China is planning to invest about 2 trillion yuan ($295 billion) in the next five years to build a network of interconnected data centers across the country, with state-owned telecommunications companies operating the main facilities. The plan plans to give priority to the use of AI chips and technologies from local suppliers such as Huawei, accounting for at least 80%, to reduce dependence on U.S. companies such as Nvidia and AMD. This is a key part of Beijing's "Six Networks" infrastructure plan, which aims to integrate dispersed regional computing resources into a unified network to make high-performance computing more accessible to enterprises and public sectors. At present, China Telecom, China Unicom, etc. have launched token packages to package and sell computing power like mobile data, paving the way for large-scale AI applications. South China…