AI Demand and Infrastructure Projects Drive Fiber Optic Price Surge, Top Players Secure Long-Term Orders

The NDRC held a press conference for July. A spokesperson of the NDRC stated that in H1, China’s pace of independent AI innovation accelerated, achieving rapid breakthroughs across multiple links of the entire industry chain. First, the computing power foundation was consolidated; the first fully homegrown 100,000-card AI supercluster was officially put into operation, and as of month-end June, the national intelligent computing power scale reached 2.8 times that of the same period last year. Second, model capabilities leaped forward; local companies such as DeepSeek and Moonshot AI successively released multiple open-source large models with trillion-level parameters, total global downloads of domestic large models surpassed 10 billion times, and domestic models were rapidly adapted to domestic computing power chips. Third, factor mobility was vibrant; over 120,000 high-quality datasets were built, and a virtuous cycle of mutual reinforcement among computing power, models, and data took shape at a faster pace. Driven by coordinated efforts across all areas, AI became a surging source of economic growth momentum, and related sectors maintained high growth of over 30%.

OpenRouter previously disclosed that the global market share of Chinese models had overall surpassed that of US models by early June. As of July 26, Chinese models held approximately 63.5% of the market over the past 28 days, while US models held only 35.5%, accounting for two-thirds of the global market, with the gap further widening.

Jiang Yi, Director of the Policy Research Office and spokesperson of the National Development and Reform Commission (NDRC), pointed out at a press conference that, according to estimates by relevant institutions, computing power network construction during the 15th Five-Year Plan period will lead to new direct investment of 4 trillion yuan. Considering that computing power construction is mainly driven by enterprise investment, this will create huge room for private investment. We will strengthen planning guidance and factor support to create a favourable environment for private investment.