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Content 1 · Events 1
09.20
2026

China Plans to Invest About $295 Billion Over the Next Five Years to Build a National Data Center Network

According to Bloomberg, China is planning to invest approximately $295 billion over the next five years to build a national data center network. Xi Jinping emphasized that the focus should be on "hard power" and "new quality productive forces" rather than just GDP growth. Despite warnings from multiple economists that AI is unlikely to boost employment and could weaken consumption, officials continue to push forward with the investment plan, sparking public concern over an "AI Great Leap Forward".

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