Unique mobile subscribers by 2025. This accounts for 82% of the region’s population and places China among the world’s most developed markets.
Mobile sector contribution to GDP in 2019. This is an economic value added of $759 billion (RMB5.34 trillion).
5G connections by 2025. China will account for by far the largest number of 5G connections globally in 2025.
2019 was a pivotal year for the Chinese mobile industry. The country was one of the first globally to launch 5G services. With operators and enterprises forging ahead in the development of 5G services, and growing consumer excitement, China has cemented its position as a global leader in 5G.
Globally, the key benefits of 5G other than speed gains (e.g. network slicing, edge computing and low-latency services) are not widely appreciated, with many companies believing 4G is ‘good enough’. But China is a clear exception. Early partnerships and trials from local operators have paid dividends, as evidenced by the widespread intent among companies in the country’s industrial sector to utilise 5G. Chinese operators are also leading the charge for standalone (SA) 5G, which will help deliver the key benefits of 5G for enterprises.
Mobile is also vital to delivering social impact and the industry is playing a key role in mitigating the catastrophic impacts of climate change. However, much more can be done to leverage the power of mobile to reduce carbon emissions and support the delivery of the UN Sustainable Development Goals (SDGs). China must play its part.