This year alone, the government will invest 430 billion yuan ($69.3 billion) on network construction.
Overall, the goal is to jumpstart development of fiber optic broadband and mobile 4G networks in a country that currently ranks 82nd in the world in average Internet speeds.
Chinese premier Li Keqiang says the Interner and technology are "vital catalysts" for the country's shift to a services-oriented economy.
Source:
Reuters
Written by: Andre Yoskowitz @ 20 May 2015 21:39
