Make a Living ClubMake a Living Club
  • Home
  • News
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • More
    • Economy
    • Politics
    • Real Estate
Trending Now

Bear Market? Prepare Now With These 5 Best Stocks

December 11, 2025

TWFG: A Growing Insurance ‘Middle Man’ (NASDAQ:TWFG)

December 10, 2025

Trump’s immigration data dragnet

December 10, 2025

Shinhan Financial: Watch Out For Positive Surprises (NYSE:SHG)

December 9, 2025

Asante Gold: Growth In Medium-Sized Gold Production, But With Relevant Risk

December 8, 2025

The power crunch threatening America’s AI ambitions

December 8, 2025
Facebook Twitter Instagram
  • Privacy
  • Terms
  • Press
  • Advertise
  • Contact
Facebook Twitter Instagram
Make a Living ClubMake a Living Club
  • Home
  • News
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • More
    • Economy
    • Politics
    • Real Estate
Sign Up for News & Alerts
Make a Living ClubMake a Living Club
Home » China targets 50% growth in computing power in race against U.S
Economy

China targets 50% growth in computing power in race against U.S

Press RoomBy Press RoomOctober 11, 2023
Facebook Twitter Pinterest LinkedIn WhatsApp Email

By Josh Ye

HONG KONG (Reuters) – China aims to boost the country’s aggregate computing power by more than 50% by 2025, according to a plan released by authorities on Monday, as Beijing tightens its focus on supercomputing and artificial intelligence innovations.

The plan comes amid rising competition between China and the U.S. in many high-tech areas ranging from semiconductors and supercomputers to AI, including U.S. export controls on chipmaking equipment.

The plan, released by six departments in Beijing including the Ministry of Industry and Information Technology (MIIT), has set a target for China’s total computing power to reach 300 EFLOPS by 2025. EFLOPS, equal to one quintillion floating-point operations per second, measures a computer’s speed.

The MIIT revealed in August that China’s computing power has reached 197 EFLOPS this year, up from 180 EFLOPS in 2022. The ministry said it ranks China as second behind the United States, but did not elaborate on the scale of the U.S. computing power it referenced.

As AI training requires a large amount of computation, the effort to expand the supply of computing power is increasingly becoming a focus for Beijing.

According to a blog post by Google (NASDAQ:) last month, the world’s top-tier generative AI models “will require tens of EFLOPs of AI supercomputing to maintain training times of several weeks or less”.

According to the plan, China aims to build out more data centres across the country to facilitate businesses’ access to computing power.

In order to meet the demands of the rapidly developing AI industry, Beijing also plans to improve computational infrastructure in western China.

Expansive but less populated provinces in China such as southwestern Guizhou have long been tasked to establish massive data centres to power the country’s internet. For example, Apple (NASDAQ:) has set up data centres in Guizhou with a local partner to serve its users in the country.

Another focus is to improve the speed and efficiency of the computation network. The plan said that transmission speeds between critical computing facilities must not allow a latency of more than 5 milliseconds.

(This story has been corrected to fix growth target to 50%, not 30%, in the headline and paragraph 1)

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Treasury’s Yellen says funding bill allows lending of $21 billion to IMF trust By Reuters

Economy April 25, 2024

Pro-EU ex-minister beats Slovak PM Fico’s ally to set up run-off presidential vote By Reuters

Economy April 24, 2024

President Biden signs $1.2 trillion US spending bill By Reuters

Economy April 23, 2024

China plans new rules on market access, data flows Premier Li tells global CEOs By Reuters

Economy April 22, 2024

China could grow faster with pro-market reforms, IMF managing director says By Reuters

Economy April 21, 2024

China told it faces ‘fork in the road’ as officials meet CEOs By Reuters

Economy April 20, 2024
Add A Comment

Leave A Reply Cancel Reply

Latest News

TWFG: A Growing Insurance ‘Middle Man’ (NASDAQ:TWFG)

December 10, 2025

Trump’s immigration data dragnet

December 10, 2025

Shinhan Financial: Watch Out For Positive Surprises (NYSE:SHG)

December 9, 2025

Asante Gold: Growth In Medium-Sized Gold Production, But With Relevant Risk

December 8, 2025

The power crunch threatening America’s AI ambitions

December 8, 2025
Trending Now

Macquarie Value Fund Q3 2025 Sales And Purchases

December 7, 2025

Fed expected to cut rates despite deep divisions over US economic outlook

December 7, 2025

Box Q3: Limited Alpha Ahead (NYSE:BOX)

December 5, 2025

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Make a Living is your one-stop news website for the latest personal finance, investing and markets news and updates, follow us now to get the news that matters to you.

We're social. Connect with us:

Facebook Twitter Instagram YouTube LinkedIn
Topics
  • Business
  • Economy
  • Finance
  • Investing
  • Markets
Quick Links
  • Cookie Policy
  • Advertise with us
  • Get in touch
  • Submit News
  • Newsletter

Subscribe to Updates

Get the latest finance, markets, and business news and updates directly to your inbox.

2025 © Make a Living Club. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.