China to Allocate 2 Trillion Yuan for Data Centers in AI Competition with US - News and Statistics - IndexBox
What's documented Bloomberg reports China's 2 trillion yuan five-year allocation led by National Development and Reform Commission; state operators named.
China plans to invest roughly 2 trillion yuan (about $295 billion) over five years to build a nationwide network of linked data centers, aiming to rival the United States in AI, according to a Bloomberg report. State firms China Mobile and China Telecom would operate most of the facilities, with Huawei supplying at least 80% of key components such as AI chips, sidelining Nvidia and AMD. The plan, led in part by the National Development and Reform Commission, is preliminary and details may change.
- About 2 trillion yuan (~$295 billion) planned over five years
- Coordinated by the National Development and Reform Commission and other state bodies
- China Mobile and China Telecom expected to operate most facilities
- Huawei to supply at least 80% of key components, sidelining Nvidia and AMD
- Contrasts with the more than $700 billion in AI spending expected from US firms this year