China vows faster 5G development amid epidemic

CNC
Added On March 10, 2020

 China will quicken the development of 5G technology to crank up the economic engine in the battle against the novel coronavirus outbreak.

China Report has the details.
 
Vice Minister of Industry and Information Technology Chen Zhaoxiong said 5G technology will play an important role not only in epidemic control and work resumption, but also in promoting investment, consumption and economic upgrading.
 
Chen said tailored measures will be adopted to fast-track the construction of the 5G network in regions with low health risks.
 
China's three major telecom operators said 80 percent of the country's 5G network construction was on schedule in the first two months, with more than 550,000 5G base stations expected to be put into operation nationwide by the end of this year.
 
According to a report from S&P Global (China) Ratings, investment in 5G infrastructure is set to increase at a large scale in 2020, reaching about 120 billion yuan (about 17.3 billion U.S. dollars).