According to the "5g economic and social impact white paper" released by China Academy of information and communications today, it is estimated that in 2020, telecom operators will invest more than 220 billion yuan in the fifth generation mobile communication technology (5g) network equipment, and the expenditure of various industries on 5g equipment will exceed 54 billion yuan, which will drive about 484 billion yuan of direct output and directly create about 92 billion yuan of GDP.

The white paper points out that 5g will, with a new network architecture, provide at least 10 times the peak speed of 4G, millisecond transmission delay and 100 billion level connectivity, open a new era of extensive interconnection and deep human-computer interaction, and will promote the development of China's digital economy to a new level from online to offline, from consumption to production, from platform to ecology.
According to the calculation of 5g commercial operation in 2020, it is estimated that the direct output of this year will be about 484 billion yuan, which will increase to 3.3 trillion yuan and 6.3 trillion yuan respectively in 2025 and 2030, with an average annual compound growth rate of 29% in 10 years. It is estimated that in 2020, telecom operators will invest more than 220 billion yuan in 5g network equipment, and more than 54 billion yuan will be spent on 5g equipment in various industries. In 2030, it is estimated that the expenditure on 5g equipment in various industries and fields will exceed 520 billion yuan.
In 2020, 5g is expected to create about 92 billion yuan of GDP; in 2025, it will drive about 1.1 trillion yuan of economic value-added, accounting for about 3.2% of the GDP growth of that year; in 2030, it is estimated that the direct contribution of 5g to the economic value-added will exceed 2.9 trillion yuan, and the contribution rate to the GDP growth of that year will reach 5.8%.