$VNET

China's Coordinated Push in AI, Quantum Computing and Blockchain

On 9 October 2026 Beijing called for a nationally integrated computing-power network and a national blockchain network. DeepSeek is scaling on Huawei Ascend chips, China's intelligent computing reached 2,185 EFLOPS by June, per the industry ministry, and quantum communications remain a strength. This analysis explains the strategy and sets out the Hong Kong and US listed companies with exposure, from Tencent and Alibaba to China Mobile, HashKey and Nvidia.