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China Plans $295 Billion AI Data Center Investment Over Five Years, Targets 80% Domestic Chip Supply

AI Industry News

2026-06-09 11:08:26

According to Bloomberg, on June 9, China plans to invest approximately 2 trillion yuan ($295 billion) over the next five years to build an interconnected nationwide AI data center network led by the National Development and Reform Commission. State-owned enterprises including China Mobile and China Telecom will operate most data centers. The investment aims to source over 80% of related technologies, including AI chips, from domestic suppliers such as Huawei, reducing reliance on Nvidia and AMD. Financing will primarily come from sovereign debt, including ultra-long-term government bonds exceeding 10-year maturity, supplemented by national strategic industry investment funds, bank loans, and private capital. The 2 trillion yuan investment excludes spending by private enterprises like Alibaba and Tencent. The project, part of China's broader six-network infrastructure initiative, is expected to integrate data centers into a unified computing network by 2028, coordinated with power grid construction, with total investment potentially reaching 5 trillion yuan.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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