Higher Internet Speed and Lower Fees Depend on Market Mechanism
ANBOUND
Recently, Premier Li Keqiang has called for higher speed and lower fee of the broadband internet. ANBOUND research team points out that internet infrastructure have become important national strategic asset. China's low broadband speed will seriously damage its innovation ability. To balance the cost and fee of the infrastructure construction, China needs to further break monopoly, introduce competition, and open up the market for private capital.