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Operating revenue of China's telecom sector tops 1.7 trillion yuan in 2024

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Operating revenue of China's telecom sector tops 1.7 trillion yuan in 2024

2025-01-22 16:53 Last Updated At:18:07

China's total telecom revenue topped 1.7 trillion yuan (233.45 billion U.S. dollars) in 2024, with a 10 percent year-on-year growth in the annual telecom service volume, according to a senior official from the Ministry of Industry and Information Technology (MIIT) on Tuesday.

Speaking at a press conference in Beijing, Xie Cun, director of the Information and Communication Development Department of the MIIT, said that since the beginning of 2024, China has accelerated the development of new information infrastructure, such as the 5G and industrial internet, fostering greater integration of the telecom service with the real economy.

He said that the country's information and communication industry is expected to achieve upgrade in network evolution, integrated application and innovation capability.

"In 2025, efforts will continue to focus on the 'construction, application and research' strategy, aiming to achieve three key upgrades in the development of the information and communication industry. These include network evolution upgrades, improvement of the 'dual-gigabit' network policy, pilot establishment of the 10 gigabit optical network, and orderly optimization of the layout for computing power centers," he said.

In terms of integrated application upgrade, China will launch in 2025 the "Set Sail" Action Plan for 5G Applications and "5G + industrial internet" upgrades, accelerating all-around and full-chain application of new-generation information technologies, according to officials with the MIIT.

In the area of innovation capability upgrades, efforts will focus on increasing investment in the evolution of 5G and 6G technology innovations, and gradually opening the telecom sector wider to foreign investment when conditions are ripe, said the officials.

Operating revenue of China's telecom sector tops 1.7 trillion yuan in 2024

Operating revenue of China's telecom sector tops 1.7 trillion yuan in 2024

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"Ne Zha 2" draws fans back for repeat viewings

2025-02-15 23:02 Last Updated At:02-16 02:17

"Nezha 2," the latest Chinese animated blockbuster, has grossed over 11.3 billion yuan (about 1.56 billion U.S. dollars) at the box office, with fans flocking to premium theaters for repeat viewings.

"It truly breaks the stereotype that 'Chinese animation is only for domestic audiences.' With world-class production quality and a profound cultural depth, it showcases the unique charm of Chinese stories to audiences worldwide," said Hu Xianfeng, a movie fan from Chongqing.

Audiences have been lining up for IMAX, 4D, and Dolby Cinema screenings in pursuit of a truly immersive experience. At the China Film Museum in Beijing, home to the city's largest IMAX screen, tickets have been selling out fast.

"It was quite difficult to get these tickets. We specifically tried to grab IMAX tickets for this screening. This is our second time watching 'Ne Zha 2.' The sound here is better than in the previous theater, and the larger screen offers higher resolution," said a fan eager for the ultimate viewing experience.

The demand for premium screenings is reminiscent of the 2009 "Avatar" craze.

Zhou Xin, a projectionist at the China Film Museum with 20 years of experience, noted that the IMAX GT theater, which has 340 seats, is now running five shows a day instead of the usual three, as audiences seek the ultimate cinematic experience driven by advanced projection and audio technology.

"The IMAX GT 4K digital projector has an aspect ratio of 1.43:1, which is 40 percent larger than that of standard theaters, allowing audiences to see more of the picture. It is also equipped with a 12.1-channel surround sound system, providing a more immersive and detailed audio experience for the audience," said Zhou.

Beyond IMAX, 4D and Dolby Cinema screenings have also sold out, highlighting the film's widespread appeal.

"Ne Zha 2" and its predecessor, the 2019 blockbuster "Ne Zha," were both inspired by the classic 16th-century novel "The Investiture of the Gods."

"Ne Zha 2" draws fans back for repeat viewings

"Ne Zha 2" draws fans back for repeat viewings

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