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Tuesday, June 30, 2015
Slow Internet Speed Restricts the Integration of Informatization and Industrialization
ANBOUND

Minister of Industry and Information Technology Miao Wei emphasizes that the slow internet speed is a problem to the integration of and informatization and industrialization. Anbound research team is of the view that basic internet infrastructure has become an important strategic asset to the country as it has strong positive externalities. Slow broadband will affect the country's innovation severely. The monopoly on the construction of broadband infrastructure should be broken up by opening the market to the private equity in order to promote competition, to improve the efficiency of the broadband infrastructure construction and operation management, and to reduce the costing.

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