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China's Computing Hubs to Spur CNY400 Bln/Y Investment: Journal

CHINA PRESS
MNI (Singapore)

China’s newest project to build eight national computing hubs and 10 data centers is expected to create over CNY400 billion yuan of investments each year, the China Securities Journal reported. The project aims to channel more computing resources from the country's eastern regions to less-developed western regions. This will better empower the development of the digital economy, as the demand for computing power is growing by more than 20% annually, the newspaper said.

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