On behalf of the GSMA, I would like to send our warmest Chinese New Year's greetings to you, and wish you all a prosperous New Year.
China has made exciting progress in developing 5G in 2021, and is now undisputedly the biggest market in terms of both deployment and subscriber base. The outlook for 2022 is also promising. According to the GSMA Intelligence forecast, China will reach 640 million 5G connections by the end of 2022, with 5G accounting for nearly 40% of the total number of mobile connections in the country.
In addition to the quick take-up by consumers, the mobile industry in China is also capitalising on the opportunity in the enterprise sector, with many commercial deals providing 5G capabilities to help vertical industries expedite their digital transformation.
Chinese operators are also frontrunners on revenue growth beyond connectivity. Post-pandemic,it is an encouraging and inspiring trend to see the possibilities for the global mobile industry in reshaping connectivity to capture incremental value in digital services and applications.
In the New Year, the GSMA will continue to bring together all stakeholders in the mobile ecosystem to promote cooperation, foster innovation, and drive further progress to shape the future of our industry.
Wishing you all a wonderful Year of the Tiger!
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