- Written by Winston Qiu
China's Ministry of Industry and Information Technology (MIIT) is going to announce soon the national plan for the development of communications industry in the next five years (2011-2015), i.e., the Twelfth Five-Year Plan for the Development of Communications Industry of the People's Republic of China.
The Five-Year Plan is one of the most important political, social and economic events in China. The National Development and Reform Commission (NDRC) is responsible to draft the outline of the Five-Year Plan for National Economic & Social Development which shall be finally reviewed, voted and approved by the National People's Congress. And the MIIT is responsible to draft the Five-Year Plan for various industries and sectors.
The Twelfth Five-Year Plan for the Development of Communications Industry will outline principles, goals and key measures for the development of communications industry in China in the period of 2011~2015. As released in its preliminary and discussion version, there are some highlights, including but not limited to followings:
- The total investment in the communications industry during this five-year period will be up to CNY2000 billion (approximately US$300 billion).
- The strategy for national broadband will be clearly defined.
- The demands on international internet gateway bandwidth may be quadrupling its current capacity of 1.1Tbps or even more, which may in turn boost the construction of new submarine cable systems linking China.