{"program_id":"cn","program_name":"China: National AI Programs / Big Fund III / Eastern Data Western Computing","as_of":"2026-08-15T02:38:24.161Z","schema_version":"1.0","stages":{"announced":{"value_usd":55700000000,"is_estimated":true,"currency_of_record":null,"fx_rate_used":null,"fx_rate_source":null,"fx_rate_date":null,"primary_sources":[{"url":"https://english.www.gov.cn/news/202405/29/content_WS66569746c6d0868f4e8e7987.html","description":"Big Fund III 344B yuan announcement (gov.cn)","authority_tier":1,"accessed_date":"2026-04-07"},{"url":"https://content.striderintel.com/wp-content/uploads/2025/05/Strider-SCSP-China-AI-Infrastructure-Surge-Report.pdf","description":"Strider/SCSP: China AI Infrastructure Surge report","authority_tier":2,"accessed_date":"2026-03-28"},{"url":"https://www.rand.org/pubs/perspectives/PEA4012-1.html","description":"RAND: China's evolving industrial policy for AI","authority_tier":2,"accessed_date":"2026-03-28"}]},"committed":{"value_usd":55700000000,"is_estimated":true,"currency_of_record":null,"fx_rate_used":null,"fx_rate_source":null,"fx_rate_date":null,"primary_sources":[{"url":"https://english.www.gov.cn/news/202405/29/content_WS66569746c6d0868f4e8e7987.html","description":"Big Fund III 344B yuan announcement (gov.cn)","authority_tier":1,"accessed_date":"2026-04-07"},{"url":"https://content.striderintel.com/wp-content/uploads/2025/05/Strider-SCSP-China-AI-Infrastructure-Surge-Report.pdf","description":"Strider/SCSP: China AI Infrastructure Surge report","authority_tier":2,"accessed_date":"2026-03-28"},{"url":"https://www.rand.org/pubs/perspectives/PEA4012-1.html","description":"RAND: China's evolving industrial policy for AI","authority_tier":2,"accessed_date":"2026-03-28"}]},"disbursed":{"value_usd":null,"is_estimated":null,"currency_of_record":null,"fx_rate_used":null,"fx_rate_source":null,"fx_rate_date":null,"primary_sources":[{"url":"https://english.www.gov.cn/news/202405/29/content_WS66569746c6d0868f4e8e7987.html","description":"Big Fund III 344B yuan announcement (gov.cn)","authority_tier":1,"accessed_date":"2026-04-07"},{"url":"https://content.striderintel.com/wp-content/uploads/2025/05/Strider-SCSP-China-AI-Infrastructure-Surge-Report.pdf","description":"Strider/SCSP: China AI Infrastructure Surge report","authority_tier":2,"accessed_date":"2026-03-28"},{"url":"https://www.rand.org/pubs/perspectives/PEA4012-1.html","description":"RAND: China's evolving industrial policy for AI","authority_tier":2,"accessed_date":"2026-03-28"}]},"deployed":{"value_usd":55700000000,"is_estimated":null,"currency_of_record":null,"fx_rate_used":null,"fx_rate_source":null,"fx_rate_date":null,"primary_sources":[{"url":"https://english.www.gov.cn/news/202405/29/content_WS66569746c6d0868f4e8e7987.html","description":"Big Fund III 344B yuan announcement (gov.cn)","authority_tier":1,"accessed_date":"2026-04-07"},{"url":"https://content.striderintel.com/wp-content/uploads/2025/05/Strider-SCSP-China-AI-Infrastructure-Surge-Report.pdf","description":"Strider/SCSP: China AI Infrastructure Surge report","authority_tier":2,"accessed_date":"2026-03-28"},{"url":"https://www.rand.org/pubs/perspectives/PEA4012-1.html","description":"RAND: China's evolving industrial policy for AI","authority_tier":2,"accessed_date":"2026-03-28"}],"derivation_rule":"MIN(committed_usd, disbursed_usd, utility_evidence_ceiling_usd) over non-null inputs","inputs":{"committed_usd":55700000000,"disbursed_usd":null,"utility_evidence_count":0,"utility_evidence_ceiling_usd":null,"composite_authority_tier":null}}},"structural_non_disclosure":false,"structural_non_disclosure_reason":null,"empanelled_partners":[{"partner_name":"Alibaba Cloud (Aliyun)","gpu_count":null,"gpu_model":null,"contract_award_url":"https://sinocities.substack.com/p/how-is-chinas-eastern-data-western","authority_tier":3,"vintage":"2024-05-01","notes":"Early investor in Zhangjiakou hub (Beijing-Tianjin-Hebei cluster) and Yangtze River Delta cluster (west of Shanghai) per SinoCities analysis. Minor investor relative to state operators in E-W Data Hub projects. Authority tier 3.","partner_canonical_org_id":"org-alibaba","partner_name_source_form":"阿里云","allocation_stage":"commissioned","data_quality_flags":["aggregate_only_disclosure"]},{"partner_name":"Tencent Cloud","gpu_count":null,"gpu_model":null,"contract_award_url":"https://sinocities.substack.com/p/how-is-chinas-eastern-data-western","authority_tier":3,"vintage":"2024-05-01","notes":"Operator in Guizhou (Gui'an New Area) hub and Yangtze River Delta cluster per SinoCities analysis. Comparatively minor EDWC investor per analysis. Authority tier 3.","partner_canonical_org_id":"org-tencent-cloud","partner_name_source_form":"腾讯云","allocation_stage":"commissioned","data_quality_flags":["aggregate_only_disclosure"]},{"partner_name":"Apple Inc.","gpu_count":null,"gpu_model":null,"contract_award_url":"https://sinocities.substack.com/p/how-is-chinas-eastern-data-western","authority_tier":3,"vintage":"2024-05-01","notes":"Operates data centres in Guizhou (Gui'an) and Inner Mongolia hubs under iCloud China legal requirements per SinoCities analysis. Authority tier 3.","partner_canonical_org_id":"org-apple","allocation_stage":"commissioned","data_quality_flags":["aggregate_only_disclosure"]},{"partner_name":"Huawei Cloud","gpu_count":null,"gpu_model":null,"contract_award_url":"https://sinocities.substack.com/p/how-is-chinas-eastern-data-western","authority_tier":3,"vintage":"2024-05-01","notes":"Leading operator in Inner Mongolia hub (second largest cloud facility after Guizhou) and Chengdu-Chongqing cluster per SinoCities analysis. Identified as a 'national champion' playing a leading EDWC role. Authority tier 3.","partner_canonical_org_id":"org-huawei","partner_name_source_form":"华为云","allocation_stage":"commissioned","data_quality_flags":["aggregate_only_disclosure"]},{"partner_name":"China Mobile","gpu_count":null,"gpu_model":null,"contract_award_url":"https://sinocities.substack.com/p/how-is-chinas-eastern-data-western","authority_tier":3,"vintage":"2024-05-01","notes":"Top EDWC operator for cloud centers; present in Inner Mongolia, Chengdu-Chongqing, and Yangtze River Delta hubs per SinoCities analysis. State-owned telecom. Authority tier 3.","partner_canonical_org_id":"org-china-mobile","partner_name_source_form":"中国移动","allocation_stage":"commissioned","data_quality_flags":["aggregate_only_disclosure"]},{"partner_name":"China Telecom","gpu_count":null,"gpu_model":null,"contract_award_url":"https://sinocities.substack.com/p/how-is-chinas-eastern-data-western","authority_tier":3,"vintage":"2024-05-01","notes":"Operator in Inner Mongolia, Chengdu-Chongqing, and Yangtze River Delta (YRD) hubs per SinoCities analysis. State-owned telecom. Authority tier 3.","partner_canonical_org_id":"org-china-telecom","partner_name_source_form":"中国电信","allocation_stage":"commissioned","data_quality_flags":["aggregate_only_disclosure"]},{"partner_name":"Piotech Jianke (科益晟 — via Guotou Jixin)","gpu_count":null,"gpu_model":null,"contract_award_url":"https://www.trendforce.com/news/2025/09/26/news-chinas-big-fund-iii-invested-rmb-450-million-in-semiconductor-equipment/","authority_tier":2,"vintage":"2025-09-26","notes":"First publicly disclosed Big Fund III investee (via Guotou Jixin vehicle, 99.9% Big Fund III funded, CNY 71B capital base). Received CNY 450M ($62M) for thin-film deposition equipment (semiconductor manufacturing equipment) per TrendForce Sep 2025. Guotou Jixin founded Dec 2024.","partner_canonical_org_id":"org-empanelled-piotech-jianke","partner_name_source_form":"科益晟","allocation_stage":"commissioned","usd_allocation":62000000},{"partner_name":"SMIC (Semiconductor Manufacturing International Corporation)","gpu_count":null,"gpu_model":null,"contract_award_url":"https://en.wikipedia.org/wiki/China_Integrated_Circuit_Industry_Investment_Fund","authority_tier":3,"vintage":"2024-05-27","notes":"Named Big Fund beneficiary across Fund I, II, and III per Wikipedia and multiple press reports; Fund III per-investment amount to SMIC not publicly disclosed in primary sources. Authority tier 3.","partner_canonical_org_id":"org-smic","partner_name_source_form":"中芯国际","allocation_stage":"commissioned","data_quality_flags":["aggregate_only_disclosure"]},{"partner_name":"Yangtze Memory Technologies Co. (YMTC)","gpu_count":null,"gpu_model":null,"contract_award_url":"https://en.wikipedia.org/wiki/China_Integrated_Circuit_Industry_Investment_Fund","authority_tier":3,"vintage":"2024-05-27","notes":"Named Big Fund beneficiary for NAND flash production; Fund III per-investment amount not publicly disclosed in primary sources. BIS Entity Listed. Authority tier 3.","partner_canonical_org_id":"org-ymtc","partner_name_source_form":"长江存储","allocation_stage":"commissioned","data_quality_flags":["aggregate_only_disclosure"]},{"partner_name":"ChangXin Memory Technologies (CXMT)","gpu_count":null,"gpu_model":null,"contract_award_url":"https://en.wikipedia.org/wiki/China_Integrated_Circuit_Industry_Investment_Fund","authority_tier":3,"vintage":"2024-05-27","notes":"Named Big Fund beneficiary for DRAM production in Hefei; Fund III per-investment amount not publicly disclosed. Authority tier 3.","partner_canonical_org_id":"org-cxmt","partner_name_source_form":"长鑫存储","allocation_stage":"commissioned","data_quality_flags":["aggregate_only_disclosure"]},{"partner_name":"Hua Hong Semiconductor","gpu_count":null,"gpu_model":null,"contract_award_url":"https://en.wikipedia.org/wiki/China_Integrated_Circuit_Industry_Investment_Fund","authority_tier":3,"vintage":"2024-05-27","notes":"Named Big Fund beneficiary across multiple fund phases; Fund III per-investment amount not publicly disclosed. Authority tier 3.","partner_canonical_org_id":"org-hua-hong","partner_name_source_form":"华虹半导体","allocation_stage":"commissioned","data_quality_flags":["aggregate_only_disclosure"]}],"data_quality_flags":["The $55.7B announced and committed figure is estimated, derived from Big Fund III (344B yuan at 7.25 CNY/USD) and the National AI Industry Fund (60B yuan). These are the two largest disclosed government vehicles; actual total spending across provincial and municipal programs is substantially higher but not comprehensively disclosed.","Verified: Big Fund III's 344B yuan registered capital, the National AI Industry Fund's 60B yuan, the 246 EFLOP/s June 2024 baseline, and the 300 EFLOP/s 2025 target.","Disbursement is unknown: fund-level disbursement data is not publicly available. Big Fund III completed fundraising in May 2024.","Overcapacity is on record: many AI data centers were built but stand unused, per MIT Technology Review, March 2025.","This is the most BIS-exposed sovereign AI program in the corpus, and a chokepoint on that axis.","The accelerator count is a gap: Chinese state procurement volumes are not publicly disclosed. The Ascend 910C runs at approximately 780 BF16 TFLOPS per DeepSeek research (authority tier 2), against a 2026 production target of approximately 600K units (authority tier 3, TrendForce). The Ascend 910B runs at approximately 256 FP16 TFLOPS and is being superseded by the 910C.","Update, 2026-07-14, reported and in drafting stage — not enacted, and not added to the announced or committed totals: Bloomberg reported on 2026-06-09 that China is preparing an approximately 2 trillion yuan (approximately $295B) plan to build a nationwide interconnected AI data-center grid over five years, mandating approximately 80% domestic chip content (Huawei and others) to reduce Nvidia and AMD exposure, operated chiefly by China Mobile and China Telecom, and targeting grid linkage by 2028; folding in power-grid upgrades could push the total capital requirement above 5 trillion yuan. This is drafting-stage per Bloomberg's own framing — the NDRC is preparing a blueprint, not a promulgated policy — and is corroborated by multiple re-reporting outlets (Tom's Hardware, Capacity, TechRadar, Spokesman-Review) with consistent figures, but the authority tier is secondary press throughout: no PRC primary source (NDRC, State Council, gov.cn) has been located. It is explicitly not enacted, and must not be restated as committed government spending until a primary PRC source is found."],"last_validated_at":"2026-08-15"}