Internet users in China will get faster and cheaper Internet in the coming years. According to a recent report, China plans to cut broadband costs, and increase its Internet speed by five times in the next 3 years.
China’s broadband services are considered extremely slow and expensive. At present, China’s broadband bandwidth is ranked No.71 in the world. The average bandwidth in the US is now 20 to 25 Mbps, around five times that of China.
“China’s broadband bandwidth is relatively behind the level of many countries, and with an unreasonably high price. We aim to invest heavily to improve it by 2015,”said Industry and Information Technology Minister Miao Wei.
By 2015, the average broadband bandwidth will hit 20 megabytes per second (Mbps) in urban areas, almost five times the current level; and will be increased to 4 Mbps in the rural areas, the report says.
At present one Mbps of bandwidth in China costs an average of $13 — four times the US level and more than 400 times that of Hong Kong. China Telecom — the country’s No.1 broadband service provider has promised to cut the broadband rates by 35 per cent in the next five years.