China puts onus on computing power as US tech war shows no sign of abating

China is focusing on advancing its computing power to strengthen its rapidly growing digital economy and counter US tech restrictions. With over 41% of its economic output coming from the digital economy, China possesses the world's second-largest computing capacity. To catch up with the US and enhance its technological self-sufficiency, China aims to accelerate the construction of national computing hubs, data centers, and technological breakthroughs. Deputy MIIT minister Zhang Yunming emphasizes the intensified global competition for data and computing power, stating that China must enhance systematic innovation and core technology capabilities in this domain. The China Academy of Information and Communications Technology estimates that every yuan spent on boosting computing power could increase China's GDP by 3 to 4 yuan. China's focus on computing power supports operations in artificial intelligence, big data, and cloud computing, but it also faces challenges due to US restrictions on cloud services access.

Link to the full article: China puts onus on computing power as US tech war shows no sign of abating | South China Morning Post (scmp.com)