China to boast over 200m 5G subscribers by 2020

China is expected to have more than 200 million 5G mobile subscribers by 2020, and the fast deployment of 5G in the country will benefit the global telecom and semiconductor industries, a senior executive of Huawei said on Thursday.

Xu Zhijun, rotating chairman of Huawei, said China has the conditions to build the world's best 5G network and the global telecom industrial chain can benefit from the country's development.

"China has the best resources in frequency spectrum and base stations. Local consumers and enterprises have some of the highest enthusiasm and willingness to embrace 5G. And the governments have rolled out favorable policies," Xu said at the ongoing 2019 World 5G Convention.

Besides, Chinese smartphone vendors account for more than 50 percent of the global smartphone shipments.

As long as the country makes the best of all the above advantages, it can build the world's best and largest 5G network, which is conducive to the growth of global telecom equipment makers and semiconductor companies, Xu added.

The large-scale construction of 5G network plan in China has already revived the demand for global telecom equipment, Huawei said.

As telecom carriers around the world are scrambling to roll out their own 5G networks, Xu also highlighted the independence of 5G base stations and 5G core networks.

"Those who said 5G base stations and core networks are inseparable have a ulterior motive," the senior executive said, adding that global 5G standards have set clearly independent technical standards for the base stations and core networks.