China is ahead of the United States when it comes to investing in 5G infrastructure, a group of panellists at CNBC's East Tech West conference said Monday.
China announced at the end of October the commercial rollout of 5G, a key policy priority outlined by the ruling Communist Party.
NANSHA, CHINA - NOVEMBER 18: Sihan Bo Chen, Head of Greater China of GSMA, Hugh Chow, CEO of Astri, Henry Tang, Chief 5G Scientist of OPPO, Rebecca A.Fannin, Founder of Silicon Dragon Ventures and Arjun Kharpal, Technology Correspondent of CNBC speak during the panel discussion on Day 1 of CNBC East Tech West at LN Garden Hotel Nansha Guangzhou on November 18, 2019 in Nansha, Guangzhou, China.
China announced at the end of October the commercial rollout of 5G, a key policy priority outlined by the ruling Communist Party. China Mobile – one of the three top communication providers in China – has plans to set up more than 50,000 5G base stations in China and launch 5G commercial services in more thanAccording to a Deloitte report, out in 2018, China has outspent the United States by approximately $24 billion in wireless communications infrastructure since 2015.
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