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Home > News > Valuable News > China's total output of 5G commercial-driven economy totals 35.4 trillion yuan

China's total output of 5G commercial-driven economy totals 35.4 trillion yuan

ECHEMI 2019-06-26

China's-total-output-of-5G-commercial-driven-economy-totals-35.4-trillion-yuan

According to the statistics released by Prospective Industry Research Institute, it is expected that by 2025, 5G network will cover 40% of the population, and China will become a big market. The number of people enjoying 5G in China accounts for one third of the global total, reaching 430 million people. According to experts'estimates, China's total economic output driven directly and indirectly by 5G commerce will be 10.6 trillion yuan and 24.8 trillion yuan, totaling 35.4 trillion yuan, respectively, between 2020 and 2025. 5G has broad commercial prospects and huge potential. The new opportunities created by 5G will far exceed those of 3G and 4G.

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