China’s government is aiming for universal and affordable broadband coverage through investment and competition as specified in policies: Private investment in state-controlled industries, Broadband China, and Internet Plus.
Unlike the US market, where cable internet access plays a prominent role in developing the fixed broadband market, DSL was the initial driving force behind fixed broadband growth in China, followed later by EPON fibre and now GPON fibre.
Fixed broadband penetration in China has grown strongly over the past five years. Fibre broadband continues to be the fastest growing broadband segment, as DSL and cable modem access will continue to decline as customers migrate away from these platforms in favour of fibre broadband. Moderate growth is predicted over the next five years to 2024.
With the world’s largest online population, China’s digital economy has grown rapidly to cater to the needs of the online masses. Much of the initial growth in China’s digital economy was underpinned by the online demand for information, media and commerce, giving rise to China’s three domestic digital economy giants; Baidu (search), Alibaba (e-commerce) and Tencent (social media).
Also evolving within China’s digital economy to meet the needs of China’s online audience are the banking and financial services industry, public administration services, health services and education services.
China Mobile; China Telecom; China Unicom, Alibaba, JD.com, Baidu, Tencent
Table of Contents
List of Tables
List of Charts
Number of pages 41
Last updated 23 Aug 2019
Analyst: Phil Harpur
Paul has been a relentless advocate and tireless activist for making the world a more connected place.
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