ure and boost上海419品茶微信 growth of the digital economy,” said Wang Zhiqin, head of IMT2020 (5G) Pr

omotion Group, a team established by the ministry to accelerate the development of 5G in China.

“Issuing licenses for China Broadcasting Network Corp, the fou

rth 5G carrier, will help build a next-generation communication network,” Wang added. “Gr

anting four 5G licenses is conducive to fostering rational competition and investment in the market.”

She said the ministry will take key measures to promote 5G applica

tion, strengthen industrial management, better allocate resources, encourage co

mpanies to participate in 5G-network construction and further integrate 5G with vertical industries.

High-speed 5G technology is expected to revolutionize the tech world in the

near future as it will be able to transmit data at least 10 times faster than 4G technology.

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