Push the ICT industry onto a new track of growth
- 5G commercialisation drives operators to enter a new cycle of investment. The capital expenditure on 5G-related networks of the three major operators in Mainland China reached 170 billion yuan in 2020 and is expected to exceed 170 billion yuan in 2021, accounting for more than 54% of the total capital expenditure;
- 5G drives continuous innovation in new infrastructure. Telecom operators, Internet giants, ICT equipment providers and third-party data centre providers are increasing their investment in cloud computing, data centre and artificial intelligence;
- Drive the transformation and upgrade of information consumption. In 2020, the performance of China’s three major telecom operators maintained stability with a growth, and the mobile communication business ARPU turned from decline to increase. 5G mobile terminals were shipped on a large scale.