China has unveiled a series of new policies aimed at advancing the high-quality development of computing power technology. These policies involve bolstering top-level design and infrastructure, positioning the country strategically in intricate computations and data processing tasks.
Six government bodies, including the Ministry of Industry and Information Technology (MIIT), the Office of the Central Cyberspace Affairs Commission, and the People’s Bank of China, have jointly issued an action plan to drive the high-quality growth of the nation’s computing power technology.
According to the plan, China aims to achieve a total computing power of 300 EFLOPS by 2025, with 35 percent of it attributed to intelligent computing power. The plan emphasizes balanced and coordinated development between the eastern and western regions.
EFLOPS, a unit measuring computer systems’ speed, denotes one quintillion floating-point operations per second. Computing power encompasses the capacity to process intricate data, encompassing information infrastructure and technologies supporting information computing power, data storage, and network capacity.
Regarding data storage and network capacity, regulatory bodies have set a target for the country’s total storage capacity to reach 1,800 exabytes by 2025, with advanced storage capacity constituting over 30 percent of this total. Additionally, various new business models will be established, significantly enhancing penetration in sectors such as industry and finance, as per the circular.