GSMA recently released a series of industry reports. The report shows that due to the large-scale investment in 5G by Chinese operators, the enthusiasm of corporate users and consumers for 5G is growing, and China has maintained its leading position in the world.
According to the report, since the launch of commercial 5G services in 2019, Chinese operators are leading the trend of providing diversified services to consumers and corporate customers. The “China Mobile Economic Development Report 2020” released today predicts that by 2025, the penetration rate of 5G users in China will increase to nearly 50%, which is comparable to other major 5G markets such as South Korea, Japan, and the United States. It is estimated that from 2020 to 2025, the capital expenditures of Chinese operators based on mobile services will reach $180 billion, about 90% of which will be used for 5G network construction.
The President of GSMA Greater China said: “China is a leader in the early development of 5G, and currently has more than 160,000 5G base stations deployed in more than 50 cities. At the same time, operators are still working to expand the coverage and capacity of 5G to promote the deployment of independent networking. In order to fully release the benefits brought by 5G, formulating flexible policies in terms of spectrum and infrastructure is of great strategic significance to support China’s continued transition to a mature digital economy. “