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China Preps $295 Billion Plan to Fund Nationwide AI Buildout
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China Preps $295 Billion Plan to Fund Nationwide AI Buildout 1 / 2 China Preps $295 Billion Plan to Fund Nationwide AI Buildout Bloomberg News Tue, June 9, 2026 at 5:31 PM GMT+7 5 min read GDS VNET 0728.HK NVDA 0941.HK (Bloomberg) -- China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centers across the country, fueling Beijing’s ambition to propel the domestic AI sector and surpass the US in a potentially game-changing technology.
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