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in a statement that its products are ready for commercial use and it will acti
vely participate in the commercial deployment and construction of 5G netw
orks in China, and will work closely with industry partners to actively promote the application of 5G.
China is set to become the world’s largest 5G market by 2025, with 460 million 5G users, according to a forecast by the Glo
bal System for Mobile Communications Association, an industry group.
The country’s telecom carriers are expected to spend 900 billion
to 1.5 trillion yuan ($134 billion to $223 billion) in total on 5G network
construction from 2020 to 2025, according to a report from the China Academy of Information and Co
mmunications Technology.China’s Dragon Boat Festival, or Duanwu, is just ar
ound the corner. Also called the Double Fifth Festival, the holiday, which falls on J
une 7 this year, is celebrated on the fifth day of the fifth month of the lunar calendar.
CEO of Development Reimagined and former head of the Policy and Par
tnerships, the United Nations Development Programme, and Andreas Pier
otic, trade commissioner of Embassy of Chile in China. The four will also take questions after delivering their speeches.
China Daily’s Publisher and Editor-in-Chief Zhou Shuchun will open the event with a welcome speech on April 27.
Vision China events have been previously held in Beijing, Hangzhou, Joha
nnesburg and London. The events have been broadcast live on internet and mul
timedia platforms, reaching an international audience, particularly young people.
This upcoming event will also be broadcast live on the China Daily website and
app, as well as China Daily’s account on Sina Weibo, Tencent Video, Toutiao, Bilibili, Facebook and Twitter platforms.