05/29/2020 Source: newsgd.com
The concept of "new infrastructure" has been for the first time included in China's government work report this year, which vowed to develop next-generation information networks and expand 5G applications, build more charging facilities and promote wider use of new-energy automobiles, and stimulate new consumer demand and promote industrial upgrading.
New infrastructure, together with new urbanization initiatives and major projects, will be given priority in the Chinese government's efforts to expand effective investment this year.
How can foreign enterprises in China participate in this round of "new infrastructure construction", in particular in those industrial sectors where there are still filled with huge potential, and how much revenue will it bring? We take the following chart for further explicate the development of new infrastructure in China.