5G tech seen to create t sector

Updated 2017-10-27 10:03:55 Shanghai Daily

Next generation 5G network is expected to create a huge market valued at about trillion in China by 2035, which will also change and redefine various industries like automotive, an industry report said yesterday.

China is conducting second-phase 5G outdoor test covering core network and other 5G technologies, which is the world's biggest 5G research and test base, said industry giants including Ericsson and Huawei.

By 2035, the "5G Economy" will create a market valued at trillion. China leads in all regions with an expected market value of 4 billion, which will create 9.5 million jobs by 2035, said Qualcomm in the report conducted by several researchers.

The 5G technology, which offers about 100 times faster network speed, has become a "general purpose" technology rather than a telecommunications technology. It will influence markets like industrial on smart manufacture and automotive on self-driving, said Qualcomm, the world's biggest smartphone chip designer.

China is conducting test in various cities including Shanghai. The new technology will become commercially ready around 2019.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58October 23 2018 13:25:49

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16October 23 2018 13:25:49

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18October 23 2018 13:25:49

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords