Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's telecom sector logs sound performance in Jan.-July

August 28, 2023


Abstract : China's telecommunications industry logged strong performance in the first seven months of this year, with emerging businesses and 5G services registering steady growth, official data shows.

BEIJING, Aug. 27 (Xinhua) -- China's telecommunications industry logged strong performance in the first seven months of this year, with emerging businesses and 5G services registering steady growth, official data shows.

Companies in the sector raked in combined revenue of 1.01 trillion yuan (about 140.51 billion U.S. dollars) in the period, up 6.2 percent year on year, according to the Ministry of Industry and Information Technology.

China's three telecom giants -- China Telecom, China Mobile and China Unicom -- saw their revenue for emerging businesses, such as internet data centers, big data, cloud computing and the Internet of Things, surge 19 percent year on year to 212.9 billion yuan, accounting for 21.2 percent of the total revenue of telecommunications businesses.

The adoption of 5G technology continued steady expansion in the same period. By the end of July, China had about 3.06 million 5G base stations.

At the end of last month, the number 5G mobile phone users with the country's three telecom giants was 695 million, an increase of 134 million from the end of 2022, accounting for 40.6 percent of all of their mobile phone users.

China's 5G applications have been integrated into 60 major categories of the economy, according to the ministry. 

Scan the QR code and push it to your mobile phone

Keyword: telecom sector

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial