China's telecommunications industry registered faster growth of revenue in the first four months of the year, official data shows.
The combined industrial revenue rose 6.5 percent year-on-year to 486.2 billion yuan in the first four months of this year, up 6.6 percentage points from a year ago, according to the Ministry of Industry and Information Technology.
By the end of April, China's three telecom giants — China Telecom, China Mobile and China Unicom — had 1.6 billion mobile phone users, with the number of 5G subscribers reaching 310 million, a gain of 111 million from the end of last year, the ministry said.
The three telecom companies also saw a steady increase in the number of fixed broadband internet users by the end of March, with subscribers rising to 497 million, a net increase of 13.71 million from the end of last year.
The Ministry of Information Technology predicts that by 2025, 5G will directly produce 2.93 trillion yuan in economic added value.
In the next step, the Ministry of Industry and Information Technology will continue to strengthen the leading advantages of 5G systems, systematically promote the development of 5G applications, improve network supply capabilities, enrich integrated applications, and expand key industry applications.
