China to invest 160 billion yuan in 4G network projects
China is expected to invest about 160 billion yuan ($25.71 billion) in fourth-generation mobile network construction this year, according to officials from the Ministry of Industry and Information Technology. Han Xia, head of the telecommunication management department of MIIT, said on Wednesday that the number of 4G base stations in China is likely to hit 500,000 by year-end.