1、BEYOND COVID-19: THE RISE OF 5G IN CHINA MARKET INSIGHT REPORT Business Sweden 5G Opportunities in 5G in China after COVID-19 COVID-19 DID NOT PUT A BREAK ON THE 5G DEVELOPMENT PLANS The COVID-19 outbreak had a severe negative impact on the Chinese economy, leading to sharp reductionsin GDP growth e
2、stimations for 2020. However,theChinesegovernmentsinitial economicstimuluspackageswerenotbroad sweepingpolicies,insteadtheywerehighly targeted,andfocusedonspeedingupthe implementation of a handful of new development conceptscollectivelyreferredtoastheNew Infrastructure. Key among them, the governmen
3、t particularly highlighted 5G and 5G infrastructure as a way to boost economic growth and get the economy back on track. As the rest of the world continues its battle against COVID-19, China has already gained a head start in applying several 5G technologies as a way to help fight the spread of the
4、pandemic. As China looks to increase investment in 5G, there are emerging market opportunities, also for Swedish firms. KEY MESSAGES 1.The Chinese government has long considered 5G as a key industry of strategic importance for the development of the country, this focus remains strong even after COVI
5、D-19 2.China has successfully deployed several 5G-related technologies to help in the pandemic response and fight against COVID-19 3.In the wake of the virus, China is even more focused on using 5G as a way to drive high value growth in manufacturing and services, giving opportunities for foreign co
6、mpanies to supply solutions and to leverage 5G applications in China Sources: China Academy of Information & Communications Technology (CAICT), China Mobile official statement, 5G Deterministic Networking Alliance, www.C 2020 Spending on 5G by the major Chinese mobile companies Estimated value of 5G