China’s MIIT targets 3.8T yuan ICT investment, 9800 EFLOPS AI compute by 2030

This plan signals that Beijing is treating AI compute and telecom infrastructure as core state-backed economic pillars, not just market-driven sectors. The scale of the investment target suggests sustained, policy-led demand for domestic hardware, networking gear, and energy infrastructure over the next five years, which could reshape supply chains for global chip and equipment makers. For RWA markets, the key implication is the potential for tokenized assets tied to state-funded infrastructure projects, though regulatory clarity remains thin. What matters next is whether these targets translate into concrete procurement tenders and whether compute capacity is actually utilized, as overbuilding without applications would dilute the economic impact.