Research: Nation set to invest heavily in 5G network

China is forecast to spend 900 billion yuan ($134 billion) to 1.5 trillion yuan on 5G network construction from 2020 to 2025, as the nation strives to commercialize the superfast fifth-generation wireless technology, a think tank affiliated with the country's top industry regulator said on Monday.

At the same time, China's telecom carriers are expected to generate 1.9 trillion yuan in revenue from 5G-related business, according to an article released by the China Academy of Information and Communications Technology, which is affiliated with the Ministry of Industry and Information Technology.

At the initial stage of building 5G networks, telecom carriers will first cover the most populated regions and the 5G network construction can coordinate well with existing 4G networks, the article added.