Fixed asset investments of China's telecommunications industry 2021-2023

Published by
Daniel Slotta,
Mar 1, 2024
In 2023, China's telecommunications companies invested 420 billion yuan into telecom infrastructure. The country is the global leader in 5G technology adoption. In the same year, the number of 5G users exceeded 800 million.

Fixed asset investments of China's telecommunications industry from 2021 to 2023 (in billion yuan)

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Release date

January 2024

Region

China

Survey time period

2006 to 2023

Supplementary notes

One yuan is equivalent to around 0.14 U.S. dollars and 0.13 euros (as of March 2023).

Figures have been rounded due to a better understanding of the statistic.

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