GSMA: The number of 5G connections in China will exceed 1 billion this year, and the penetration rate is faster than expected. The report predicts that in 2030, 5G’s contribution to China's GDP is expected to reach nearly US$260 billion.
By the end of 2030, the annual contribution of China's mobile industry to the overall economy is expectedto exceed US$1 trillion. The entire mobile ecosystem currently provides nearly 8 million jobs in China and contributes US$110 billion in annual tax revenue, of which operator revenue will reach US$225 billion in 2023.