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China economy
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5G focus for China’s Guangdong as manufacturing hub pledges to build 20 hi-tech industrial estates by 2022

  • President Xi Jinping promised unprecedented spending on ‘new infrastructure’, including 5G networks, in response to the economic impact of the coronavirus
  • Huizhou, one of the ‘outer ring’ cities in the Greater Bay Area development zone, will host seven of the new industrial estates

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Over 54,000 5G base stations have been installed in Guangdong, with the figure expected to rise to 100,000 by the end of the year, according to the provincial communications administration. Photo: Reuters
He Huifeng

China’s manufacturing heartland of Guangdong province has pledged to build 20 industrial estates by 2022 for firms that develop new industrial and business applications using 5G technology.

The move by the provincial government is part of China’s programme outlined by President Xi Jinping to build “new infrastructure” to boost its economic recovery from the effects of the coronavirus outbreak.

According to the action plan released last week by the provincial industry and information department, the new estates will be developed into industrial clusters which would each aim to create products worth up to 100 billion yuan (US$14 billion), the government-run Nanfang Daily reported, without specifying a timescale.

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The 20 industrial estates will be built on both the east and west banks of the Pearl River, and will each cover an area up to 4,000 hectares (9,884 acres), the report said, although the government’s planned investment in the project was not disclosed.

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Huizhou, one of the “outer ring” cities in the Greater Bay Area development zone, will host seven of the new estates, with an area of 200 sq km (49,500 acres) already under construction across the city, the government-run Huizhou Daily reported.
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The seven new sites in Huizhou will target the development of artificial intelligence, new materials, smart health applications, and 5G-related products and services, the newspaper said, with the government set to invest up to 2.5 billion yuan (US$357,000) in each project.

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