China’s 5g commercial license has ushered in the first anniversary. With the support of policies, China’s 5g commercial development has accelerated and become a new engine driving economic growth.

Lu chuncong, deputy director of the information and communication administration of the Ministry of industry and information technology, said at the online Summit on the first anniversary of 5g licensing that 5g, as a new infrastructure and important strategic resource to support economic and social development, is a key driving force to promote a new round of scientific and technological revolution and industrial change.

Lu chuncong introduced that in the past year, with the joint efforts of all parties in the industry, China’s 5g business has made positive progress: in terms of network construction, basic telecom enterprises have built more than 250000 5g base stations and more than 36 million 5g users; In terms of application innovation, more than 400 5g innovative applications have been carried out nationwide, widely involving many industries such as industry, transportation and medical treatment. More than 600 “5g + industrial Internet” projects are under construction, and 5g continues to play a role in promoting the transformation and upgrading of real economy industries.

5g base station construction has become a hot investment direction. This year, China Mobile, China Telecom, China Unicom and China Tower successively announced the 5g investment plan for 2020, with a total investment of about 200 billion yuan. According to the prediction of China information and Communication Research Institute, by 2025, the cumulative investment in 5g network construction will reach 1.2 trillion yuan, and will drive the application investment in the upstream and downstream of the industrial chain and various industries to exceed 3.5 trillion yuan.

China's 5g commercial development has accelerated and become a new engine driving economic growth

Pan Helin, executive director of the Digital Economy Research Institute of Central South University of economics and law and author of 5g new industry, told the Securities Daily that according to the estimation of public data, the construction cost of each 5g base station is about 800000-1 million yuan. After the construction of more than 600000 5g base stations, there is a certain scale effect, that is, the cost has decreased, but it is still a very considerable investment scale.

In order to accelerate the development of 5g construction, since last year, policies have been intensively issued from ministries and commissions to local governments, providing a strong guarantee for 5g development.

At the ministerial level, in 2019, the Ministry of industry and information technology issued the “5g + industrial Internet” 512 project promotion plan to fully promote the integration and innovation of 5g and industrial Internet. In March this year, the national development and Reform Commission and the Ministry of industry and information technology issued the notice on organizing the implementation of new infrastructure construction projects in 2020 (broadband network and 5g field), which pointed out that it will focus on supporting 5g innovation and application improvement projects in seven fields; The Ministry of industry and information technology issued the notice on promoting the accelerated development of 5g, proposing several measures such as accelerating the construction and deployment of 5g network, enriching the application scenarios of 5g technology, continuously increasing the research and development of 5g technology, and focusing on the construction of 5g security system.

At the local level, local governments at all levels are actively distributing 5g. For example, recently, the Fuzhou action plan for promoting new infrastructure construction (2020-2022) was officially issued. In the next three years, Fuzhou will implement the first batch of 175 key projects with a total investment of 230 billion yuan, basically forming a good pattern of complete layout of information infrastructure, extensive integration of infrastructure and innovation infrastructure driven development.

This year’s government work report proposes to expand effective investment and focus on supporting the construction of “two new and one heavy” that not only promotes consumption and benefits the people’s livelihood, but also adjusts the structure and increases the stamina. It points out that we should strengthen the construction of new infrastructure, develop a new generation of information network and expand 5g applications.

Pan Helin said that since this year, the policy has been intensively deployed to promote new infrastructure, and 5g construction and application have been put in the first place, which shows that 5g is the “engine” of new infrastructure. 5g network is not only a new infrastructure, but also an important network infrastructure supporting other new infrastructure. Especially since the epidemic, the new infrastructure led by 5g has played a huge driving role in relevant industries. From online to offline, from consumption to production, from platform to ecology, it has greatly improved China’s investment and consumption demand, and provided a strong guarantee for high-quality economic and social development.

Pan Helin suggested to attract more funds to participate in 5g construction, especially to broaden the investment channels of private funds. At the same time, in order to give full play to the economic benefits of 5g, it is necessary to speed up the construction of 5g application scenarios.

        Editor in charge: Tzh

Leave a Reply

Your email address will not be published. Required fields are marked *