The 2022 China Computational Power Conference was held in Jinan, East China's Shandong Province on Saturday, vowing to speed up the construction of a domestic communication network and computational infrastructure.

During the opening ceremony, eight telecom companies including the four communication carriers, China Tower, cloud computing Inspur Group, Huawei and Alibaba Cloud, signed construction agreements, initiating dozens of data base building projects worth of nearly 50 billion yuan ($7.41 billion).

The number of 5G base stations in China reached 1.854 million by the end of June, and there are more than 450 million 5G mobile phone users in the nation, said Zhang Yunming, vice minister of industry and information technology, at the conference.

"China has built the world largest optical network and telecom communication network, and the computational industry ranked No. 2 worldwide with consecutive year-on-year increase rate of more than 30 precent in past five years," said Zhang.

According to data released by the China Academy of Information and Communications Technology, the market scale of China's computational industry surpassed 1.5 trillion yuan in 2021, with cloud computing scale over 300 billion yuan, internet data center services scale over 150 billion and artificial intelligence scale over 400 billion yuan.

Global Times