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China’s Ministry of Industry and Information Technology will issue policy documents to promote the high-quality development of computing power infrastructure, strengthen the top-level design, and enhance the supply capacity of computing power, said Xie Cun, an official from the ministry at an industry conference on Monday.
The ministry will step up efforts to strengthen technological innovation, including enhancing innovation capabilities, the driving advancements in computing architecture, computing methods, and algorithms, he said.
“This involves intensifying research and development efforts for key products like CPUs, GPUs, and servers, as well as accelerating the implementation of the corresponding new technologies and products,” said Xie.
Meanwhile, it will strengthen construction of hardware and software ecosystem, strengthen the coordinate development of hardware, basic software and application software and promote the development of upstream and downstream industries to form an ecosystem, he added.
According to a joint report by KPMG China and Lenovo Group at the recent 2023 World Artificial Intelligence Conference, China has laid a foundation for a continuously improving industrial chain. The report highlighted active innovation, rapid market growth, and increasing international competitiveness in the field of computing power.
Preliminary estimates suggest that by 2025, China’s core computing power industry will reach a scale of no less than 4.4 trillion yuan ($613 billion), positioning it as a high-potential sector comparable to new energy vehicles. If related industries are included, the scale could reach 24 trillion yuan.