China aims to build 50,000 industrial 5G private networks and boost the value-added of the industrial internet core industry to exceed 2.5 trillion yuan ($368.4 billion) by 2030, according to a landmark implementation plan jointly published on Monday by eight central government departments, including the Ministry of Industry and Information Technology.

China aims to build 50,000 industrial 5G private networks and boost the value-added of the industrial internet core industry to exceed 2.5 trillion yuan ($368.4 billion) by 2030,…

Plan sets target of 50,000 industrial 5G private networks by 2030, with industrial internet sector’s value added to exceed 2.5 trillion yuan.