China Plans to Boost Computing Power by 50% The Race to the Future of Computing
China recently revealed its intention to increase its overall computing capability by 50%, aiming to achieve this milestone by 2025. This initiative, jointly announced by various governmental bodies in Beijing, including the Ministry of Industry and Information Technology (MIIT), establishes an ambitious goal of attaining a total computing capacity of 300 EFLOPS by the specified year.
This move is seen as part of China's efforts to become a global leader in artificial intelligence (AI) and other emerging technologies. Computing power is essential for AI and other data-driven technologies, as it allows them to process large amounts of data quickly and efficiently.
China is already the world's second-largest computing power market, but it is still lagging behind the United States in terms of overall computing power. However, China is investing heavily in its computing power infrastructure, and it is expected to surpass the United States in the coming years.
The Chinese government has pledged to invest 1.5 trillion yuan (US$218 billion) in its computing power sector over the next five years. This investment will be used to develop and deploy new computing technologies, such as cloud computing, edge computing, and quantum computing.
The Chinese government is also encouraging the development of domestic computing hardware and software companies. This is seen as a way to reduce China's reliance on foreign technology companies, such as Intel and Nvidia.
The boost in computing power is expected to have a significant impact on the Chinese economy. It is expected to drive the development of new industries and create new jobs. It will also help to improve the efficiency of existing industries and make them more competitive.