China's deployment of 5G technology has reached a pivotal milestone, boasting over 800 million connections by the end of 2023, encapsulating 45% of all connections within the nation, according to a GSMA report.
This surge positions China at the forefront of the 5G evolution, paving the way for the next developmental phase: the expansive roll-out of 5G-Advanced.
Such advancements underscore a concerted push towards augmented 5G functionalities, poised to unlock unprecedented growth opportunities while bolstering economic gains.
Forecasts predict a staggering $260 billion contribution from 5G to China's GDP by 2030, underscoring a vital 23% of the annual economic impact attributed to the mobile sector.
The digital ecosystem, a crucial driver of economic vigor, fostered nearly 8 million jobs in 2023, alongside a substantial $110 billion infusion into government coffers via taxation, highlighting the monumental role of mobile services in the digital economy's fabric.
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