China reveals plans to increase broadband reach
May 15 , 2015
China will step up the advancement of its high-speed broadband network by increasing speeds and slashing prices, the country’s State Council has declared.
Less than half of China’s population has net access, and connections can be often slow.
Premier Li Keqiang has called upon telecom firms to cut prices and raise internet speeds. He said that the country’s information infrastructure was “underdeveloped”.
According to previous official estimates, China has to spend more than $320 billion over the next five years to improve the broadband infrastructure.