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TMCNet: BEIJING PLANS US$14.6 BLN INVESTMENT IN INTERNET INFRASTRUCTURE

[June 17, 2009]

BEIJING PLANS US$14.6 BLN INVESTMENT IN INTERNET INFRASTRUCTURE

BEIJING, Jun 18, 2009 (AsiaPulse via COMTEX) -- Beijing Municipal Government rolled out an informatization infrastructure plan, aiming at transforming the city into an information hub and Internet center, according to Bai Xin, an official with Beijing Economic and Informatization Commission.


The municipal government expected to absorb rolling investment of 100 billion yuan (US$14.6 billion) for the construction of the informatization infrastructure by 2012, to promote related industries' investments of about 200 billion yuan, Beijing plans to take the lead in building the urban-rural integrated high-speed broadband information networks during the implementation of 3G construction.

By the end of May 2009, Beijing boasts 10.4 million netizens, 8.8 million fixed-line phone users, 17 million cell phone users, and four million subscribers of broadband access service.

(XIC)

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