China's weekly business news
CNC
Added On December 27, 2020
Now, let's take a look at some China's weekly business news.
5G BASE STATIONS
East China's Zhejiang Province will build 120,000 5G base stations by 2022 and increase its network capacity.
The province had built a total of 15,770 5G base stations as of the end of 2019.
BUSY PORT
China's busiest port, the Port of Ningbo Zhoushan in the eastern province of Zhejiang, saw its annual container throughput surpass 28 million twenty-foot equivalent units (TEUs) for the first time.
That makes the port one of just three in the world to have exceeded an annual container throughput of 28 million TEUs. Singapore and China's Shanghai have accomplished the same feat.