MIIT of China: Explore innovative businesses such as "Hash Power Bank" and "Hash Power Supermarket," support SMEs in depositing idle hash power resources

On April 2, the General Office of China’s Ministry of Industry and Information Technology (MIIT) issued a notice launching a special action to empower small and medium-sized enterprises (SMEs) through inclusive computing power. Key measures outlined in the notice include: - Innovating the inclusive computing power service model; - Enhancing three dedicated zones (collectively called the SME Platform Zones): the China Computing Power Platform SME Zone, the SME Service Network Computing Resource Matching Zone, and the National Computing Power Internet Service Node Zone; - Promoting precise matching between SME demand and computing power supply, and rolling out flexible billing models such as "Card Hour," "Core Hour," and token-based billing; - Exploring innovative offerings like the "Computing Power Bank" (allowing SMEs to deposit idle computing resources for flexible cross-region and cross-period access) and the "Computing Power Supermarket"; - Implementing the AI SME Entrepreneurship Support Plan, which encourages local relevant authorities to subsidize "Compute Coupons," "Storage Coupons," and "Compute Credits" for industry-aligned SMEs via the SME Platform Zones, while simplifying the process for SMEs to obtain and use these subsidies.