5G Construction China has built a total of 1,854,000 5G bases, attracting over 450 million end users and accounting for more than 60% of the global total, according to ecns.cn.
According to the 2022 World 5G Convention in Harbin, Northeast China, Chinese operators have invested more than 400 billion Yuan (approximately $59 billion) in 5G constructions.
“China’s 5G construction has made remarkable progress in industrial internet, smart cities, smart villages and other fields, and is constantly exploring new scenarios of ultra-bandwidth, real-time broadband acceleration and perception positioning.” said Wu Hequan, an academician at Chinese academy of Engineering
5G Construction offers high bandwidth, low latency, wide connectivity, and other benefits, and it is empowering many industries, including manufacturing, energy, medical care, education, and transportation. It is boosted in particular by “non-contact” consumer demand due to the COVID-19 pandemic outbreak.
Furthermore, 5G is hastening the digital economy where its total direct and indirect economic output is 8.56 trillion yuan, with economic added value reaching 2.79 trillion yuan.
Currently, there are only 9 5G mobile phone models on sale in the Chinese market, priced between 3,500 and 8,000 yuan, with 8 more models expected to be added by the end of the year. However, the analyst expects the first of his 2,000 yuan mobile phones to hit the market in the second quarter of his 2020, followed by his 1,000 yuan mobile phone in the fourth quarter. I’m here. This will further drive adoption of 5G subscriptions and create a customer base with new and innovative his 5G app installed.
5G Construction will also enable control of applications that save manpower and increase efficiency and productivity. 5G has already proven its worth not only in industries such as media, but also in security and authentication in large venues.
