China plans to invest $295B over five years in a national AI data center network, requiring 80% domestic sourcing including Huawei chips amid US tech

China is drafting a ~$295bn five-year plan to build a national AI data-centre network run on 80% homegrown tech, squeezing out Nvidia and AMD.

The initiative is designed to anchor Beijing’s AI Plus strategy, which calls for AI to be woven into the industrial fabric of the economy.