Core Insights - The article emphasizes that computing power has become a core indicator of national competitiveness in the context of the global digital economy [2] - China's computing power industry has shown remarkable growth, ranking second globally, with significant increases in 5G base stations and gigabit broadband users [2][5] - Chinese companies are accelerating their international expansion, leveraging technological cost advantages and practical experience [2][8] Industry Development - The computing power industry in China is thriving, with major telecom operators like China Mobile, China Telecom, and China Unicom expanding their server capacities and investing heavily in computing power [4][5] - China Telecom plans to invest 83.6 billion yuan in capital expenditures by 2025, with a year-on-year increase of over 20% in computing power investments [4] - By mid-2025, the number of 5G base stations is expected to reach 4.55 million, a fivefold increase from 2020, while gigabit broadband users are projected to grow 34 times to 226 million [5] Technological Advancements - Significant breakthroughs in key technologies have been achieved, with China now having a complete industrial chain in integrated circuits, covering design, manufacturing, and testing [5] - The AI sector has seen a substantial increase in patent filings, with Chinese patents accounting for 60% of the global total [5] - Domestic companies are showcasing advancements in GPU technology and other critical components, with several firms presenting new products at industry conferences [6] International Expansion - Chinese computing power companies are well-positioned for international expansion due to their technological advancements, cost advantages, and rich application experience [8] - The government supports the internationalization of computing power, with policies encouraging cross-border services and infrastructure development [9] - Companies like Runjian and Feiteng are actively participating in overseas projects, with Runjian involved in the construction of 24 computing centers in ASEAN [9] Market Challenges - Despite the growth opportunities, Chinese computing power firms face intense competition from established Western companies that have advantages in technology and market presence [10] - The article highlights the need for Chinese firms to convert their technological strengths into competitive advantages in the international market [2][10]