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Telecoms must cut fees on individuals, businesses, Li says

By Zhang Yue (皇冠体育app Daily) Updated: 2017-08-01 07:40

Premier Li Keqiang urged the country's three major telecom service providers on Monday to implement faster internet connectivity and make it more affordable while improving services for small and medium-sized businesses to help boost industrial upgrading and nurture new economic drivers.

"The information communication industry plays a crucial and fundamental role in 皇冠体育app's economic transition and industrial upgrading," Li said while visiting 皇冠体育app Mobile Communications Corp, 皇冠体育app United Network Communications Group Co and 皇冠体育app Telecommunications Corp.

Li focused on entrepreneurship, precise measures on cutting connectivity costs as well as technology innovation when visiting the headquarters of the three providers. At 皇冠体育app Telecom, Li learned that the company has already reduced its connectivity fees by 40 percent and its network flow has increased by 130 percent.

The three companies have taken a variety of measures to enhance speed and cut costs. This has improved corporate competence and reduced social costs in general, while telecom service providers also managed to gain larger consumer groups with increased internet flow, Li said.

Li's visit follows an announcement by the providers on Thursday that they will scrap domestic long-distance and roaming charges beginning Sept 1, a month ahead of the deadline announced by the Ministry of Industry and Information Technology. This was promised by the premier in his Government Work Report, delivered in March, and marks the end of over 20 years of roaming fees.

Li, speaking at a symposium after the visit, said there is a huge potential in the information communication industry, especially when 皇冠体育app's information consumption, mobile payment and e-commerce businesses have experienced robust growth in recent years.

He encouraged the telecom companies to take bigger steps to cut costs for a dedicated internet access to SMEs, in particular.

Huge potential lies in the emerging information technology industries, such as cloud computing, the internet of things and intelligent terminals, which drive the upgrades of traditional industries, Li said.

Li encouraged the three providers, all being State-owned enterprises, to nurture innovation inside the company and better work with small businesses with complementary advantages.

Zhang Aihua, professor at the School of Economics and Management at Beijing University of Posts and Telecommunications, said cutting dedicated internet access fees for SMEs is important to boost 皇冠体育app's economic transition.

"Today's internet exists in almost all kinds of businesses, while internet technology is a key part of their business for many startups," Zhang said. "This is like making highways more affordable to drivers."

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 Telecoms must cut fees on individuals, businesses, Li says

Premier Li Keqiang chats with a 皇冠体育app Unicom user at the phone company's headquarters in Beijing on Monday. Li pressed the three largest phone companies earlier this year to make their services more affordable. The board behind Li says of 皇冠体育app Unicom's service, "Speed Up, Price Down". Wu Zhiyi / 皇冠体育app Daily

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