Government to Invest RMB 2 Bln on NextGen Mobile Technologies

China Business News, 3/13/09

Cao Shumin, vice-director of the Ministry of Industry and Information Technology's (MIIT) China Academy of Telecommunications Research (CATR), says the telecommunications industry will receive investments of at least RMB 2 bln in state funds for development of next-generation wireless mobile broadband communications networks over the next two years. Combined with corporate and local investments, initial investment in the technology should be approximately RMB 10 bln.

Cao said the focus of the project will be on the development of next-generation cellular broadband communications systems, including but not limited to 3G and referring more to LTE, 4G, and other long-term technological developments. The project kicked off in December 2008, and will continue until 2020. State investment will ultimately total as much as RMB 20 bln; this combined with local and corporate investments could total RMB 100 bln.

Keywords: Cao Shumin R&D 3G 4G CATR investment LTE MIIT wireless

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