China drafts $295B national AI data-center grid

China has drafted a reported CNY2.4 trillion, or roughly $295 billion, plan for a nationwide AI data-center grid. The proposal targets up to 70 gigawatts of IT load and aims for 80% of chips, servers, and networking equipment to be domestically produced by 2030. The plan would connect regional compute capacity and reduce reliance on foreign technology as AI infrastructure becomes a strategic national asset. Because the proposal remains a draft, implementation details, funding, and actual procurement will determine its impact.

Key details: June 10, 2026 report, CNY2.4T / about $295B draft plan, Up to 70GW IT load, 80% domestic hardware target by 2030.

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