SCMP reports……
China will invest more than 1.2 trillion yuan (that’s a whopping US$193 billion) to boost internet speeds and coverage across the country as it looks to move towards an economy driven by services and innovation.
The announcement follows Premier Li Keqiang’s call last week to telecoms companies to ramp up internet speeds and cut charges. Li said China is the world’s biggest mobile phone market but its information infrastructure is backward, with internet speeds ranked below 80th in the world…..
More
In 6 words or less, China’s US$193 billion investment in the internet will….?
- lead chat apps further into video?
- make it world’s top OTT market?
- help bring down the great firewall?
In 6 words or less, China’s US$193 billion investment in the internet will….? http://t.co/nsywjGx3hb #casbaa2020 #chinainternet2020
— CASBAA (@CASBAAHK) May 29, 2015
Accelerate OTT, create new censorship headache MT @casbaahk China's $193b internet investment will…#chinainternet2020 #casbaa2020 #6words
— Matt Pollins (@mattpollins) May 29, 2015
China’s US$193 billion investment in the internet will…increase demand for quality video content #casbaa2020 #chinainternet2020
— matthew kurlanzik (@mkurlanzik) May 29, 2015
…potentially make Reed Hastings very happy. @CASBAAHK #casbaa2020 #chinainternet2020
— Mark Lay (@markdlay) May 29, 2015
"see the rise of spectacles, cause more human accidents, not change a goddam thing" – Asif Ali #casbaa2020 #chinainternet2020
— CASBAA (@CASBAAHK) June 1, 2015
"Finally provide a reliable bandwidth throughout the country!" – Alexandre Muller #casbaa2020 #chinainternet2020
— CASBAA (@CASBAAHK) June 2, 2015
@CASBAAHK will create new Alibaba's, YoukuTudou, …
— Khush Kundi (@KhushTV) June 2, 2015
"Further foster the selectively open internet, herald the bamboo revolution #endofthecommunistparty." – Saugato Banerjee #chinainternet2020
— CASBAA (@CASBAAHK) June 3, 2015
"Open up a brave new world." – June Tan #casbaa2020 #chinainternet2020
— CASBAA (@CASBAAHK) June 3, 2015