China to issue 5G licenses soon

Lead in superfast technology paves way for commercial use

China will soon issue commercial licenses for 5G, as the country has established an edge in the superfast wireless technology, both in domestic innovation and international cooperation, the Ministry of Industry and Information Technology said on Monday.

The move marks an accelerated push by China to commercialize 5G, a technology widely recognized as having strategic importance in fueling industrial upgrading and economic growth, analysts said.