Caixin Global – Latest China News & Headlines

Home >


CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

Baidu Wins California Permit to Test Fully Driverless Vehicles
Look Ma, No Safety Drivers: Self-Driving Specialist AutoX Takes Hands Off the Wheel With Robotaxi Service in Shenzhen
Chinese Self-Flying Carmaker EHang Joins Paris Push for Urban Air Mobility
Industry Group Asks Biden to Rethink Trump’s China Tech Sanctions
Didi Is Close to Raising $1.5 Billion for Trucking Unit
Hong Kong’s Travel Platform Klook Closes $200 Million Funding Round Amid Virus Travel Restrictions
Venture Capital Firm Qiming Raises $441 Million for Yuan-Denominated Fund for Startups
Baidu Juices Up Intelligent Driving Tie-Up With BlackBerry
India Permanently Rolls Back Welcome Matt on TikTok, WeChat and Other Chinese Apps
Will Faraday and Geely Team Up in a Possible Replication of Baidu and Foxconn Manufacturing Partnerships?
Chinese Edtech Startup Huohua Siwei Secures $400 Million in Series E Funding Round
Trending in China: Man Fired for Skipping Work to Mourn Father Gets Billion Views
Impressive New York Trading Debut for Chinese E-Cigarette Maker RLX But Challenges Lie Ahead
Self-Driving Tech Startup Uisee Closes $155 Million Funding Round
Trending in China: Gold Mining Rescue Lights Up Weibo
China Evergrande’s NEV Unit Brings Six Investors On Board to Raise $3.4 Billion
Taiwan’s MediaTek Surpasses Qualcomm as China’s Smartphone Chip Supplier of Choice as U.S. Sanctions Bite
Tencent-Backed Esports Startup VSPN Closes $60 Million Funding
Trending in China: Foreign Medical Students Volunteer for Battle Against Virus in Freezing Northeast
Chinese Telcos Look for More Sympathy Under Biden Administration
Chinese Wireless Telecoms Operators Join Forces to Build 5G Base Stations to Reduce Costs

Qu Hui and Ding Yi / Nov 27, 2020 05:13 PM / Business & Tech

China’s state-owned mobile carriers are embracing a plan to share resources in the construction of a 5G network in response to the government’s calls for industrywide collaboration in building, operating and maintaining the fifth-generation wireless networks to reduce costs.

China Unicom and China Telecom, two of China’s three major state-owned telecoms operators, have joined hands to install more than 300,000 5G base stations across the country in a way that has helped them “save over 60 billion yuan ($9 billion) in investment,”Wang Xiaochu, chairman of China Unicom, said Thursday at the 2020 World 5G Convention in the southern city of Guangzhou.

Wang was echoed by Ke Ruiwen, chairman of China Telecom, who said at the event that the partnership also helped accelerate construction speed, which could be duplicated in 5G base station projects in rural areas and along railway lines.

The number of 5G base stations jointly installed by China Unicom and China Telecom is basically equal to that of China Mobile, the world’s largest mobile carrier based on number of subscribers, which has so far set up some 385,000 base stations across the country, according to China Mobile’s president Dong Xin.

Dong added that more than 90 million devices have been connected to its 5G network.

In August, China Mobile announced plans to build a 5G wireless system in partnership with China Broadcasting Network next year, but stressed that the two companies had no plan to establish a joint venture.

In June last year, state-owned China Broadcasting Network joined China Mobile, China Unicom and China Telecom to obtain a commercial 5G license from the Ministry of Industry and Information Technology (MIIT).

To date, China has installed more than 700,000 5G base stations, about 97% of which were built on existing sites, according to Liu Liehong, vice minister of the MIIT.

Contact reporter Ding Yi (

Related: China Has 66 Million Devices Connected to 5G, Official Says


Share this article
Open WeChat and scan the QR code