China’s Telecom maintains steady growth

China’s Telecom Sector continued steady expansion in 2018, with robust mobile network services and improved internet infrastructure.
The sector’s revenue rose to 3 per cent on yearly bases to over 190 billion U.S. dollars in 2018, according to a report of the Ministry of Industry and Information Technology.
Given vigorous development of social networking apps, the proportion of phone call charges in the total telecom revenue dropped further to 13.7 per cent in 2018 from 17.9 per cent in 2017.
The income from mobile data and internet services backed by the rapidly-expanding 4G network, gained 10.2 per cent, accounting for 46.6 per cent of the total.
China channeled more energy into telecom infrastructure in 2018.
Some 5.78 million km of optical cables were built in 2018, bringing the total length nationwide to 43.58 million km the number of 4G base stations increased by 439,000 making the total number 3.72 million.
With improving infrastructure and vigorous information consumption, the telecom sector maintained stable growth and played a bigger role in driving national economic and social development, the report said.