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China invests $6.1 billion in data centre projects
02 September 2024
China has spent more than 43.5 billion yuan (US$6.1 billion) in data centre investment over the past two years, according to an official statement reported by Chinese state publication Xinhua.
China is investing $6.1 billion in its data infrastructure
The funds have paid for the construction of eight computing hubs as part of China’s so-called ‘East Data, West Computing’ initiative, launched in 2022 by Chinese National Development and Reform Commission (NDRC).
The initiative involves storing data in the more economically developed eastern regions of China and processing it in the western regions, which have plenty of land and energy but lower data demand.
The $6.1 billion investment includes the deployment of three server hubs on China’s east coast and five hubs in China’s central/western corridor.
China has plans to create ten national data center clusters. China’s massive investment in computing comes as it faces increasing restrictions from the US, which has limited exports of some advanced computing products.
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