(ECNS) - Ten Chinese central government departments jointly released an action plan on Tuesday to further tap commercial use of 5G technologies and consumer potential in the country.
According to the National Development and Reform Commission, efforts will be made to underpin higher-end consumption initiatives such as renovating shopping streets in key cities, building international consumer centers and giving support to China’s time-honored brands.
China will also speed up the process in issuing licenses for commercial use of 5G technologies that feature low latency, massive bandwidth and wide coverage, and encourage a broad range of projects to bolster use of information products and services, the plan states.
Video productions with ultra-high definition will also be promoted in China as central and regional TV stations receive support in offering 4K high-definition videos. Where conditions permit, regions can offer subsidies for the promotion and application of ultra-high-definition TVs and TV boxes along with virtual and augmented reality devices.
China will also promote departure tax refund plans, open more stores and improve services, according to the plan.
