China looks to boost tech’s share of GDP by 2025 through 6G, big data
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China will boost support for research and technology development in 6G (or sixth generation) internet as part of the 14th Five Year Plan. While 6G may be expected to replace the current 5G technology, there are no agreed-upon global standards.
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China’s digital economy will be a larger part of the country’s gross domestic product in 2025. This is due to new technologies such as 6G internet, big data and other advanced technology.
This ambition highlights China’s drive to be ahead in technology and continues to compete with America in areas such as artificial intelligence to semiconductors.
China’s State Council released a document last week stating that “core industries” of the digital economy will make up 10% of China’s GDP by 2025. This is an increase from the 7.8% figure in 2020.
China’s 14th Five Year Plan (a blueprint for development that spans 2021-2025) includes these targets. This was the last year. China highlighted areas of “frontier technology”It will also encourage research and help to achieve self-sufficiency. In the latest State Council document, there are also more concrete targets to be met in the next few years.
China plans to raise its national online retail sales from 11.76 trillion to 17 trillion in 2020, to 2025. According to the company, software and information technology will grow by between 8.16 trillion and 14 trillion yuan per year in 2020 and 2025.
China expects gigabit broadband users to grow from 6.4 Million in 2020 to 60,000,000 in 2025, which is the fastest available internet connection speed.
A part of China’s plan to increase its share in the global digital economy is improving internet connectivity and speed.
According to the plan, China will encourage the commercial deployment of 5G and its large-scale use. Next-generation internet promises incredible speeds with 5G. 5G has begun to roll out in China as well.
Beijing also has ambitions for 6G, or the sixth generation of internet. China will increase its support for research and development in 6G and participate in international standards creation for 6G. China started laying the foundations for work on 6G in 2019. The fifth generation is just starting to roll out, and no standards or definitions have been established for 6G.
This is also the goal of the world’s 2nd-largest economic country. take a bigger role in shaping technology standards around the worldAnalysts believe this could have huge implications on Beijing’s power in the areas of artificial intelligence and mobile internet. Technology working principles are frequently governed by standards that have been agreed on globally.
Chips in the focus, regulation
China’s plans continue to emphasize the importance of being self-sufficient in certain areas, such as semiconductors. It also covers other areas such as cloud computing and building data centers, as well cross-border commerce.
Beijing promised to maintain regulatory oversight of the country’s technology sector. China tightened its regulation of internet companies over the last year and introduced new laws in certain areas. antitrustYou can find more information here data protection.
According to the State Council document, it will explore governance options that can be compatible with “sustainable and healthy growth of the digital economy.” Beijing stated that it will clarify and enhance collaboration among different authorities, as well as the roles of regulators.
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