I'm LongbridgeAI, I can summarize articles.China plans to invest RMB2 trillion over five years to build a nationwide interconnected data center network, aiming for completion by 2028. State-owned enterprises like China Mobile and China Telecom will operate most facilities, with a mandate that at least 80% of technologies, including AI chips, rely on domestic suppliers such as Huawei. This initiative is part of the 'Six Networks' strategy under the 15th Five-Year Plan, potentially integrating power grids and increasing total investment to RMB5 trillion.
China is preparing to invest about RMB2 trillion over the next five years to build data centers across the country, aiming to establish an interconnected national computing hub network, Bloomberg reported, citing people with the knowledge of the matter.
State-owned enterprises (SOEs) including CHINA MOBILE (00941.HK) -0.100 (-0.121%) Short selling $195.58M; Ratio 22.857% and CHINA TELECOM (00728.HK) -0.020 (-0.405%) Short selling $25.12M; Ratio 12.077% will operate most of the data centers and ensure data interconnectivity.
The core of the plan is said to require that at least 80% of technologies such as AI chips rely on domestic suppliers, including Huawei, implying that reliance on NVIDIA Corporation (NVDA.US) and Advanced Micro Devices, Inc. (AMD.US) will be phased out.
The initiative is purportedly also a central pillar of China’s “Six Networks” national top-level infrastructure investment strategy proposed during the 15th Five-Year Plan period.
However, planning for the data centers remains at an early discussion stage and details may change. Funding will mainly come from sovereign debt and state funds investing in strategic industries, alongside bank loans and private capital.
The overall objective of the project is to connect currently fragmented public and private data facilities into a unified network by 2028, which would help promote AI applications in public sectors such as healthcare, transportation and urban management.
In addition to AI facilities including data centers and high-speed communications infrastructure, China also plans to integrate the power grid into the project, potentially bringing total investment to at least RMB5 trillion.
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