At the Global Digital Economy Conference 2024 in Beijing, China showcased its rapid advancements in computing power to meet the needs of the digital economy and AI development. With a focus on boosting computing capabilities, China aims to increase its aggregate computing power by more than 30% by 2025, targeting 300 EFLOPS. To address the energy demands of computing systems, China is integrating green energy solutions like hydrogen energy and photovoltaic storage. For instance, Yovole Network in Shanghai is utilizing hydrogen energy in its intelligent computing center. The city of Ulanqab in Inner Mongolia is collaborating with Beijing to provide green general-purpose computing power, showcasing the transformation of regions into hubs for AI-related industries. Additionally, the sector is exploring the 'computing power plus' model, integrating computing power into various sectors like finance, education, and transportation. This integration is fostering innovation and driving high-quality economic development in China.