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Bloomberg: China plans $295bn spend for nationwide data centre build-out

The five-year plan would link computing hubs with the power grid and give state firms and local suppliers a central role, sources said.

  • China is planning to spend around $295bn over the next five years to build a nationwide network of data centers, Bloomberg reported, citing sources close to the matter.
  • This initiative forms part of the "six networks" program announced earlier this year, designed to create a resilient AI industry with reduced reliance on foreign technology from Nvidia and AMD.
  • Local suppliers, including Huawei, are to be tapped for at least 80pc of required technology, while state-run China Mobile and China Telecom will manage a majority of the data centers.
  • China's core AI industry boasted more than 6,200 companies valued at nearly $174bn in 2025, with International Data Corporation projecting the broader sector could cross $200bn by 2029.
  • Beijing-Based efforts to protect home-grown technology coincide with restrictions on US-made chips, following recent government pressure on Meta regarding Chinese-founded AI company Manus.
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China is preparing to invest about 2 trillion yuan (US$ 295 billion) over the next five years in the construction of data centers across the country, boosting Beijing's ambition to strengthen its domestic artificial intelligence sector and overcome the United States in a potentially transformative technology. Exclusive material for subscribers. To have full access, access the link of the material and register.

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EL NACIONAL broke the news on Tuesday, June 9, 2026.
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