Overview / Measures / CIDX
Asset class I · AI compute economics (supply)

CIDX · China Intelligence-Compute Index

What China actually pays for intelligence-compute build-out, contract by contract, from public procurement awards — by region, card type and scale.

INTAKE No reading is published before issue 1 is ingested. No estimates, no placeholder values — better an empty slot than a fabricated number a machine reader would scrape.
Reading
—
Issue 1 not yet published
Observations ingested
0
each with source_url
Sources registered
4
all publicly verifiable
Cadence
weekly (records) / monthly (index)

1. Why this index exists

Industry analyses are explicit: mainland China IDC / colocation has no published price list — capacity is signed bilaterally between licensed operators and end customers, priced by committed power, term and region. There is no JLL/CBRE-style quarterly China colo rate report; finance teams have nowhere to look when budgeting.

Domestic sell-side research on compute build-out (capex, utilisation, returns) relies on channel checks and operator annual reports — no line-by-line recomputable transaction data.

Yet China does publish one legally-open, citable dataset: public procurement award notices — award amount, rack count, power capacity, card type and delivery schedule are all in the announcement.

Whitespace check

Adjacent slotIncumbentOverlap?
Global IDC rent / vacancyCBRE / JLL / Cushman (HK/SG broker basis)No — none covers mainland China transaction prices
Operator annual reportsthe three state carriers (self-reported, not cross-comparable)No — project-level award prices are not disclosed
Domestic compute price trackingscattered channel checks (sell-side internal, not recomputable)No — no public benchmark
Systematic award-price benchmarkNoneThe gap this index fills

Whitespace check performed 8 November 2026. Sources listed at the foot of this page.

2. Definition and formula

CIDX unit price (procurement) = award amount / GPU cards CNY per card, by card type CIDX unit price (build-out) = award amount / contracted power or racks CNY per kW, per rack CIDX index = fixed-base Laspeyres (2024Q1 = 100), dual track: procurement and build-out Companion metrics: award-to-budget deviation, tender failure rate, single-source share (a competition thermometer)

Stratification

RegionEast / West / Northeast / the eight national hub nodes
Card typedomestic N-series vs imported H-series
Project typesystem procurement / facility EPC / O&M services / compute leasing
Buyer typegovernment / SOE / carrier / private
Cleaning rulesbundled projects including software platforms are excluded or flagged; framework agreements revised to executed amounts; no FX conversion — CNY basis

3. Source register

SourceContentCaptureCadenceStatus
China Government Procurement (ccgp.gov.cn)central-budget award noticessite search scrapingdailystatutory public
Provincial public-resource trading centreslocal platform company, UDIC and SOE compute tendersper-province portal scraping (~31 sources)weeklystatutory public
Carrier procurement platformsChina Mobile / Telecom / Unicom group and provincial tendersofficial notice scrapingweeklypublic
Listed-company award announcementsSugon, Inspur, Foxconn Industrial Internet and othersCNINFO scrapingevent-drivenstatutory public

Feeds GRVI (China supply cost is the reference series for residuals); cross-checks against rentgpu.link's 13 Chinese platform rental prices

4. Outputs and machine endpoints

CadenceOutputAccess
weeklyincremental award-record CSV: notice link, buyer, winner, amount, scale, card typefree
monthlyCIDX reading, stratified tables and a short compute-infrastructure pulse notefree
quarterlyChina Compute Build-out Quarterly: volumes, unit-price trend, regional mix, competition metricsfree
machine/api/v1/cidx/latest.json · record list CSVPro

/api/v1/cidx/latest.json

Field shape is identical across the family: ticker / status / reading / observations / unit / cadence / methodology_version / next_publication. Parse once, cover all five.

5. Status and milestones

Current status:INTAKE  Readings are published only after issue-1 observations are ingested. Every number on this page is an actual ingested count; nothing is estimated.
StageActionAcceptance (recomputable)
30-day probe500 cleaned award records (last 24 months); first region-by-card-type unit price tableone sell-side desk or leasing company asks for a copy
90 daysmethodology page + Zenodo v1.0 + automated weekly pipelinefirst citation — a sell-side note naming the data source is enough
12 months4th quarterly; first paid sell-side licence; working paper on SSRN2+ paying institutions; 3+ third-party citations

6. Red lines

  • Definition noise: bundled projects (software, network, facility) contaminate per-card prices — exclusion rules must be published line by line; fewer clean samples beat dirty ones.
  • Corrections: award notices are sometimes amended; track amendments and disclose any retroactive revision with a version bump.
  • Policy sensitivity: measure prices only, never characterise overcapacity or waste; the English paper sticks to price facts.
  • Red line: no non-public channels (no unauthorised resale of commercial databases); no sponsorship from any single buyer or bidder.

7. How to cite

Free to cite for research and press. Always give the ticker, the version and the URL — dropping any of the three breaks machine traceability.

Tian, B. (2026). CIDX v1.0 — China Intelligence-Compute Index. SpreadBench. https://spreadbench.com/cidx.html

Other citation formats (APA / MLA / Chicago / BibTeX) · Data licence