Beijing-Sana
Chinese official data revealed today that the Chinese telecommunications sector witnessed a steady expansion in the past eight months of this year.
Data from the Ministry of Industry and Information Technology, released by Xinhua, showed that aggregate industrial revenues rose 8.2 percent year on year from January to August to 1.07 trillion yuan, or 153.3 billion US dollars, and cloud computing services revenue rose 130.3 percent over the last year. YoY basis while Big Data and Internet of Things revenue increased by 56.4 percent and 24.5 percent, respectively.
The data indicated that emerging companies such as big data, cloud computing, Internet data centers and the Internet of Things expanded rapidly during the mentioned period, and the total revenue from the startups of the three telecom giants in China (China Telecom, China Mobile and China Unicom) increased by 34.1 percent year on year to 207.5 billion yuan. In addition to making steady progress in building the fifth generation (5G) base stations, as the number of base stations in China exceeded 2.1 million until the end of last August.
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