Beijing to Invest RMB 100 Bln to Upgrade Broadband
Beijing Daily, 5/06/09
According to the Beijing Municipal Commission of Economy and Information Technology, Beijing will soon implement information infrastructure upgrade plans that will see the government invest an estimated RMB 100 bln between 2009 and 2012. The funds will be utilized primarily toward improving high-speed network capacity, upgrading broadband Internet access standards, and promoting Fiber-to-the-Home (FTTH) services. By 2012, Beijing household Internet user broadband speeds will reach 20 Mbps, enterprise broadband 100 Mbps, and enterprise clients located in 6 large high-end industrial zones will obtain broadband speeds of as high as 10 Gbps.
Related departments estimate that in the next 3 years, the development plan will spur additional investment and consumption of between RMB 200 bln and RMB 300 bln and create between 50,000 and 80,000 new jobs.
Keywords: Beijing Municipal Commission of Economy and Information Technology policy HR broadband FTTH Internet Internet access telecom fiber optics
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