2022-10-07T05:38:00+03:00 China 2023-09-15T04:48:27+03:00

Ukrainian news

Ukrainian news

China's telecom sector posts stable growth in Jan-Aug

China's telecom sector posts stable growth in Jan-Aug

China's telecommunications sector logged steady expansion in the first eight months of this year, official data showed. This was reported by The Xinhua News Agency.

The combined industrial revenue rose 8.2% year on year to ¥1.07 trln (about $153.3 bln), according to the Ministry of Industry and Information Technology.

Emerging businesses, such as big data, cloud computing, internet data centers and the Internet of Things, expanded rapidly during the period. The total revenue from emerging businesses of China's three telecom giants – China Telecom, China Mobile and China Unicom – surged 34.1% year on year to ¥207.5 bln.

In breakdown, the revenue for cloud computing services soared 130.3% year on year, while that for big data and the Internet of Things surged 56.4% and 24.5%, respectively.

Steady progress was also made in the construction of 5G base stations. By the end of August, the number of 5G base stations in China had exceeded 2.1 mln.