China plans RMB 2 trillion computing network push over five years

State-backed operators would build an interconnected nationwide data center network by 2028, with more than 80% domestic sourcing for key technologies including AI chips under a broader "Six Networks" plan.

1d ago

Fact Check

The Bloomberg report carried by Yahoo Finance directly confirms every specific element of the claim: ~2 trillion yuan, five-year horizon, state-backed operators (China Mobile, China Telecom), interconnected nationwide data center network targeting 2028, 80%+ domestic sourcing of key technologies including AI chips, and the 'Six Networks' framing. SCMP independently corroborates the 'Six Networks' national computing power network policy. Secondary outlets (Crypto Briefing, BlockBeats) repeat the same figures. The plan is still described as draft/in preparation, but the existence and parameters are well-sourced.

Summary

China plans to invest about RMB 2 trillion ($295 billion) over five years to build an interconnected nationwide data center network under a program led by the National Development and Reform Commission (NDRC) and other agencies, extending a state-backed push to link computing capacity across the country by 2028. State-owned operators including China Mobile and China Telecom are expected to run most of the centers, while more than 80% of key technologies, including AI chips, are targeted to come from domestic suppliers such as Huawei. Bloomberg reported the effort forms part of a broader "Six Networks" plan that could total RMB 5 trillion by 2028, highlighting China’s drive to expand AI infrastructure, strengthen domestic suppliers and reduce dependence on foreign technology.

Terms & Concepts

AI chips: Processors designed to handle artificial intelligence workloads efficiently.
NDRC: China’s National Development and Reform Commission, a top state economic planning agency.
Six Networks plan: A broader reported Chinese infrastructure blueprint that Bloomberg said could total RMB 5 trillion by 2028.