China’s telecom industry saw a steady expansion in the initial seven months of the current year, with emerging businesses showcasing robust growth, as per official data.
According to a report from China Central Television, the overall volume of telecom services witnessed an 11.2 percent year-on-year increase from January to July this year. The business revenue reached 1.0354 trillion yuan (approximately $145.4 billion), reflecting a year-on-year growth of 3 percent, maintaining the same pace as the first half of the year.
Among these, emerging services such as cloud computing and big data generated revenue of 258.4 billion yuan (around $36.3 billion), representing an 11 percent year-on-year increase and accounting for one-quarter of the total revenue.
China’s digital transformation in enterprises is progressing in both breadth and depth, particularly driven by novel applications like artificial intelligence and large models. This has led to a surge in demand for data flow utilization and computing services, consequently fueling rapid growth in emerging business markets.
The construction of new infrastructures, including 5G and gigabit networks, is advancing steadily. By the end of July, a total of 3.996 million 5G base stations had been built and activated, indicating a net increase of 619,000 since the end of last year.
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