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China Allocates $295B to Build Nationwide AI Hub by 2028

6/11/2026

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Summary

Story summary

Beijing will spend about $295 billion in five years to build a nationwide AI computing hub network.
The plan treats computing power as a strategic resource and seeks to unify regional data centers by 2028.
It will favor domestic firms like Huawei and be run by state-owned telecoms such as China Mobile and China Telecom.
China operates over 13.7 million server racks, 42 AI clusters, and ranks second globally with 1.59 million PFLOPS capacity.

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Story summary

Beijing will spend about $295 billion in five years to build a nationwide AI computing hub network.
The plan treats computing power as a strategic resource and seeks to unify regional data centers by 2028.
It will favor domestic firms like Huawei and be run by state-owned telecoms such as China Mobile and China Telecom.
China operates over 13.7 million server racks, 42 AI clusters, and ranks second globally with 1.59 million PFLOPS capacity.