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5G· Markets

China’s new technologies hinges on 5G as foundation

CKN
minutes 2021/02/23 06:20:41
3,689

Feb 23, 2021 (China Knowledge) - 5G technologies would cover 50% of the mobile connections in China, especially the industrial sectors, by 2025. An investment of USD 212.5 bln would be needed to put into building such mobile infrastructure. This has goes in tandem with Covid-19 that has accelerated the growth and reliance on connectivity. The trend shows strong evidence of the reliance, with 200 mln Chinese working remotely as of Feb 2020, and 78% of the consumers shifting their retail experience online.

Many new technologies such as mining, electricity, steel, transportation, and autonomous driving sectors are using 5G tech as its foundations, and more than 90% of the mobile infrastructure investments between 2020 to 2025 would be associated with 5G.

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