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China's 5G capital expense is expected to hit 1.5 trillion yuan (3 billion) between 2019 and 2025, said EY. Proactive government support and industrial capital investments have helped shape a self-sustainable 5G environment in China.
China's CPI for 2018 rose 2.1 percent year-on-year, up from 1.6 percent for 2017. The growth exceeded 2 percent for the first time in the past four years but remained well below the government's target of around 3 percent in 2018.
China's adherence to a path of peaceful development and its lasting prosperity and development will definitely provide an even stronger impetus for China-Russia ties to make steady steps forward, he said.
China's State Grid will invest 2.7 billion yuan (5 million) on 78,000 charging piles, requiring 90,000 tons of copper, it said. "The 550,000 5G stations to be built will add another 20,000 tons of copper demand, and another 40,000 tons will come from ultra-high-voltage power and intercity railways," said Zhu.
China's General Administration of Customs said that in 2018 the country's foreign trade rose 9.7 percent year-on-year to a record high of 30.51 trillion yuan (.5 trillion).
来源：资阳报