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China’s Push for 5G and 6G Technology to Drive Economic Growth and Digital Transformation

BusinessChina's Push for 5G and 6G Technology to Drive Economic Growth and Digital Transformation

According to industry experts, China’s intensified push for the development of superfast wireless technology, including 5G and 6G, will provide new momentum for the country’s economic growth, promoting industrial upgrading and digital transformation in traditional sectors.

The experts pointed out that 5G technology has already been widely combined with artificial intelligence and the internet of things, with a broad range of applications in fields such as virtual reality games, online education, unmanned vehicles, and smart logistics. They called for efforts to actively participate in the formulation of 6G-related international standards.

China’s top industry regulator recently announced that the country will accelerate the construction of 5G networks, expand the application of 5G technology in more fields, especially in manufacturing, and promote the research and development of 6G.

Minister of Industry and Information Technology Jin Zhuanglong stated that China is at the global forefront of 5G development, with over 2.54 million 5G base stations built and the number of 5G smartphone users exceeding 575 million. He also revealed plans to establish over 10,000 5G-empowered factories during the 14th Five-Year Plan period, as part of a broader drive to bolster the application of 5G technology in industrial internet.

The China Academy of Information and Communications Technology predicts that China will likely spend 1.2 trillion yuan ($174.2 billion) on 5G network construction, which will drive over 3.5 trillion yuan of investment in the upstream and downstream industrial chain and related sectors by 2025. The 5G industry is also expected to directly create over 3 million jobs by 2025.

Director-General of the Information Consumption Alliance Xiang Ligang stated that China has entered a crucial period for 5G commercialization, with the superfast wireless technology being used in a wide range of industries and scenarios.

China has already established the IMT-2030 (6G) Promotion Group, a flagship platform in China promoting 6G and international cooperation, and will speed up the R&D of 6G technology, according to Xiang Ligang. The world is expected to see the commercialization of 6G around 2030, which will realize the deep integration of the physical and the virtual worlds and build a new world featuring the intelligent connection of everything.

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