By Martin Gøttske
Chinese operators are expected to invest up to 411 billion USD on 5G mobile networks in the period from 2020 to 2030. This could mark the country’s most expensive build-out of telecommunications infrastructure.
The Ministry of Industry and Information Technology predicts that in 2025 the 5G market would account for 1.1 trillion yuan, or 3.2 per cent of China’s GDP for that year.
China, the world’s largest smartphone market, has a total of 843.7 million 4G subscribers. Total 5G subscribers in China are forecast to reach 588.3 million by 2022.
South China Morning Post: