Electrical Equipment / Components & Telecoms

Xiao Yaqing, Minister of Industry and Information Technology, said at a press conference held by the State Council Information Office on the 13th that my country has built the world's largest optical fiber and mobile communications network.

In addition, 5G base stations and terminal connections accounted for more than 70% and 80% of the world's connections respectively. The 5G industry has accelerated development, and 5G mobile phone products have accelerated their penetration. Data released at the conference showed that from January to August this year, domestic 5G mobile phone shipments were 168 million units, an increase of 80% year-on-year.

Xiao Yaqing also stated that during the "14th Five-Year Plan" period, we will focus on the development of the digital economy and promote the digitization and digital industrialization of industries. On the one hand, promote the digital transformation of the manufacturing industry, promote the in-depth application of digital technology in the entire manufacturing process and all fields, and foster the development of new business models and models such as networked R&D, personalized customization, and flexible production. On the other hand, speed up the deployment of 5G networks, build 5G-based application scenarios and industrial ecology, cultivate and expand emerging industries such as artificial intelligence, big data, and blockchain. This includes network security, which is also a big field that will guide the information and communication industry. Sustainable and healthy development.