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
Policy

China to invest 1.2 trillion yuan in information infrastructure

January 13, 2017


Abstract : China will invest big in information infrastructure in the next three years as a way to help develop the new economy and foster growth momentum.

BEIJING, Jan. 12 (Xinhua) -- China will invest big in information infrastructure in the next three years as a way to help develop the new economy and foster growth momentum.

About 1.2 trillion yuan (around 170 billion U.S. dollars) will be channeled into Internet projects, mainly broadband and mobile network improvement, according to guidelines released Thursday by the National Development and Reform Commission and the Ministry of Industry and Information Technology.

The document sets a number of goals.

By 2018, a total of 90,000 km of high-speed fiber-optic trunk cables will be built, expected to expand the broadband network coverage to all urban areas and 90 percent of the countryside.

China will add 2 million 4G base stations, mainly for townships and villages, and boost the proportion of mobile network users to 75 percent of its population.

The number of points of presence connected to overseas networks will be increased to 120, up from the current 80, in a bid to enhance connectivity to the rest of the world and satisfy rising demand for international exchanges.

The country will also promote IPv6 networks, support R&D for 5G technology, and encourage businesses to use cloud computing and big data.

The government will cut red tape, strengthen financing support, and attract private capital to join the program.

Confronted with sluggish traditional sectors, China is vigorously developing and applying information technology to upgrade industrial models and create new growth points.

The "Broadband China" strategy was floated in August 2013 to improve Internet service.

Scan the QR code and push it to your mobile phone

Keyword: infrastructure information

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