Beijing has put 26,000 5G base stations into operation, with 5G users reaching about 800,000, according to the Beijing Municipal Communications Administration.
Beijing municipal government rolled out policies in the past year to support the telecom industry by slashing the expenses in carrying out 5G infrastructure construction, said the administration in a statement.
According to a report compiled by the China Academy of Information and Communications Technology, the 5G commercialization in China is expected to generate a direct gross output of 10.6 trillion yuan (about 1.51 trillion U.S. dollars) from 2020 to 2025, plus an indirect gross output of about 24.8 trillion yuan.
Given the complexity of the current epidemic control and the economic development, it is an important and pressing task to expedite the development of 5G technology, said Chen Zhaoxiong, vice minister of Industry and Information Technology, recently.
