Made in China

Telecommunication sector of China has been appreciably growing since many years and the country now has world’s largest telecommunication networks not only in terms of network capacity but also number of subscribers. Made in China telecom equipments and products have a huge demand in the global telecom market. Also, the issuance of 3G licenses in China from early 2009 was the recent and growing move by the Chinese government and also a boosting step towards the rapid development of the country’s telecom infrastructure.

A report named “China Telecom Industry Forecast to 2012” provided a clear picture of the rapidly growing Chinese telecom industry by extensive research and analysis. According to this, investment by the Chinese telecom operators has been reached to billions of dollars for the stability of an outstanding and international level telecom infrastructure in the country. Also, the country is developing rapidly a fast addition of subscribers in its Internet, broadband and mobile sectors.

The revenue of Chinese telecom operators grow 5.9% year on year to RMB 434.55 billion in the first six months of this year which is 68.55% of the total business revenue. This ratio was 65.31% in 2009. These facts have been shown by the Chinese Ministry of Industry and Information Technology. Telecom companies of China estimated their business revenue rise 6.3% in East China, 8.5% in Central China and 9.6% in West China. In 2005, the six top most Telecom organizations of China named China Telecom, China Unicom, China Satcom, China Railcom, China Netcom and China Mobile told in a report that they had revenues of worth 6.6 trillion yuan, profits of worht 600 billion yuan and total assets of worth 10.6 trillion yuan.

One of many important reasons of steady growth of Chinese telecom industry is that the competition in this sector is not limited to Chinese telecom market only. Telecom enterprises of the country like and ZTE and Huawei Technologies have confidently competed with world-class multinational firms of global telecom industry. These Chinese companies have emerged as major players in the telecom equipment business in the world. For example, Huawei which is a private telecom company in China when established in 1987 then it had registered capital of only 21,000 yuan. But now it has total registered assets of 3.2 billion yuan and revenue of 47 billion yuan. It has 85 overseas branch offices, factories and research centers as well as 1 billion customers world wide. Through this company and many other growing telecom organizations, China direct exports high quality equipments and wireless terminal technologies in over 100 countries.