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China to Boost Broadband Speed, Access to Stimulate Economy

Aug. 17 (Bloomberg) -- China will boost investments in building fiber optic and faster wireless networks to help stimulate consumption and drive economic growth, according to a statement on the central government’s website today. * Under the so-called Broadband China Strategic Plan, the country will ensure half of its households have broadband access by 2015 and 32.5% of cellular users will have access to 3G or other fast networks: statement * Current broadband speed will also be increased: statement * Plan to be implemented by investments through relevant departments and tax incentives: statement

Related story: China to Promote Technology, Energy-Saving in Restructuring Push FIFW NSN MPUXPW6JIJUP <GO> For Related News and Information:

To contact Bloomberg News staff for this story: William Bi in Beijing at

To contact the editor responsible for this story: Nerys Avery at

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