Steps will boost Internet speed, cut costs

Long-awaited measures to create a faster, cheaper Internet network have been unveiled by the State Council.

Telecom companies will be encouraged to increase average broadband connection speeds by at least 40 percent in urban areas.

Wednesday's executive meeting of the State Council also addressed a controversial issue by urging companies to roll over the value of unused data in fixed price plans to the next period or allow customers to transfer unused data to others.