China Builds Over 3 Million 5G Base Stations, Fostering Digital Transformation

China has reached a significant milestone in its push for digital and intelligent transformation, with the construction of over 3.18 million 5G base stationsthe end of September. This development has propelled the application of 5G technology across various sectors, including mining and power supply, resulting in improved efficiency and reduced costs for businesses. The widespread adoption of 5G has also enriched lives and facilitated production through the availability of ultra-high-definition videos, augmented reality, and virtual reality experiences. Moreover, China has played a vital role in formulating global 5G standardsowning 42% of the world’s standard essential patents for 5G technology. This highlights the country’s commitment to driving innovation and leading the way in the advancement of telecommunications infrastructure. In addition to its achievements in 5G, China has focused on fostering high-tech manufacturing. Investments in this sector have increased11.3% in the first three quarters of the year, supporting the growth of new products, industries, and forms of business. Notable advancements have been made in new energy vehicles (NEVs), photovoltaic products, spacecraft, and aerospace equipment. The cultivation of digital workshops and smart factories has further propelled the digital transformation process. China’s electronic information manufacturing industry has also experienced steady expansion, with mobile […]

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