BEIJING, Aug. 17 (Xinhua) -- China will strive to complete broadband coverage of both urban and rural areas by 2020, The State Council, China's cabinet, announced Saturday.
The State Council elevated national broadband development as as a national strategy and announced a implementation timetable for its development over the coming eight years.
The strategy aims to achieve WiFi coverage in key public urban areas by 2013 and fixed broadband coverage for half of Chinese households by 2015, the announcement said.
Families in some developed cities will enjoy a broadband speed of one gigabits per second in 2020, the announcement added.
The strategy will be carried out in three phases. Fiber optic networks and 3G mobile coverage will be facilitated in 2013 while broadband converage will be expanded from 2014 to 2015. Broadband network and technology updates will be the key task from 2016 to 2020.
A policy on support for information products and services was released on Aug. 14 in a bid to boost domestic demand and fuel economic growth.
BEIJING, Aug. 15 (Xinhuanet) -- More efforts are needed to boost domestic information-sector consumption and make the industry a new driver of economic growth, according to guidance from the State Council issued on Wednesday.
Promoting the consumption of information - a field that involves e-commerce, the Internet and cloud computing technology - can effectively drive demand, create new sources of economic growth and help consumption upgrading, said the document posted on the central government's website. Full story
BEIJING, Aug. 15 (Xinhua) -- A new state guideline to support the consumption of information products and services will stimulate the sector and help fuel economic growth, the China Securities Journal reported Thursday.
By the end of 2015, the consumption of information products and services is expected to grow at an annual pace of at least 20 percent to reach 3.2 trillion yuan (518 billion U.S. dollars), according to a guideline released by the State Council, China's cabinet, on Wednesday.Full story
BEIJING, Aug. 14 (Xinhuanet) -- China's Internet industry will see more innovation, domestic demand and fiercer competition in the coming years after a series of M&A deals stirred the world's top Web market in the past seven months, industry insiders said on Tuesday.
At the same time, the government is trying to build a sound ecosystem for the rapidly expanding industry, said Shang Bing, vice-minister of the Ministry of Industry and Information Technology, the regulator of the country's Internet market. Full story