China to invest $22 billion in broadband expansion

China to invest $22 billion in broadband expansion

China is set to invest approximately $22 billion to upgrade its infrastructure by 2020.

The investment will be used to expand broadband internet services to remote and under-served parts of the country.

Targets for the investment - published in a government memo on Wednesday - included plans for more than 30 million households to have access to improved internet service, which covers 98% of the country’s villages and includes 50,000 villages.

China’s premier Li Keqiang has repeatedly called for China’s state-owned telecoms operators to improve their service and reliability. 

The government has also pledged to improve internet speeds and expand mobile broadband coverage. 

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