China’s over 800 million 5G users driving economic output

ISLAMABAD: China now has over 800 million 5G users with 5G directly driving more economic output in China last year, the China’s Ministry of Industry and Information Technology (MIIT) said.

China had over 805 5G users nationwide by 2023, driving total economic output of 1.86 trillion yuan (US$262.0 billion) last year, a 29-percent growth from the previous year, MIIT officials said during a broadcast conference.

Technology including 5G and the industrial Internet are deeply integrating various industries, which boost digital transformation and economic structure upgrades in China, Shanghai Daily reported.

In 2023, China’s industrial Internet core industry value reached 1.35 trillion yuan, covering 49 economic categories nationwide, Zhao Zhiguo, MIIT’s chief engineer, told the conference. It boosts green and low-carbon economy, promotes consumption upgrading, safeguards production safety, and fuels digital transformation, Zhao added.

MIIT will also push high-quality development for the automotive industry, with measures on favorable taxes, support for innovation in the chip, battery and autonomous driving sectors, organizing tests for vehicle-road-cloud connections and prevention of supply-over-demand risks, MIIT officials said.

The number of China’s 5G base station reached 3.377 million by the end of 2023, laying a solid foundation for network construction, the China’s Ministry of Industry and Information Technology (MIIT) said.

China owned nearly 40 percent of the standard essential patents for 5G technology, leading the world, said Zhao Zhiguo, chief engineer of the ministry. The 5G applications have been integrated into 71 national economic categories with over 94,000 applications and more than 29,000 virtual networks launched last year, according to Zhao.

China continued to develop green and low-carbon 5G networks in 2023 jointly, Ecns reported. According to estimates, 5G will drive a total economic output of 1.86 trillion yuan ($258.5 billion) in 2023, an increase of 29 percent compared to 2022.

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