China has already constructed over 690,000 5G base stations nationwide by the end of September, Chinese press reported citing information from the Ministry of Industry and Information Technology.
The government also said that subscribers using applications such as ultra-high definition video, cloud games and virtual reality based on the 5G network already reach nearly 160 million.
In the first three quarters of 2020, revenues from the country’s telecommunications industry amounted to CNY1.02 trillion ($150 billion), climbing 18.6% year on year, said Huang Libin, a ministry spokesman.
