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2001 Digital Forum on China's Silicon Valley Held
2001 Digital Forum on China's Silicon Valley, organized by China Council for the Promotion of International Trade (CCPIT) and US Chamber of Commerce, was held at the conference center of Santa Clara, US.
Officials from the Ministry of Information Industry, State Information Center, China Int'l E-Commerce Center and State Economy and Trade Information Center and businessmen from Great Wall Broadband Network Service Co Ltd, Meetchina.com,Alibaba.com, BEA and 8848 went into an indepth discussion on China's e-business environment and strategy.
Wang Zhi, president of Great Wall Broadband gave a speech titled " Broadband Network----China Advances in Pace with the World".
As Wang pointed out in his speech that broadband is a new industry, which makes no difference in China and the US. In recent years, China has made great efforts for information and communication infrastructure construction and has formulated a lot of correlative regulations. As Internet users are increasing rapidly, which has boosted the booming of ICP. As reported, Beijing has 1400 ICP, which in return will promote an increase in number of Internet users.
At present, China boasts the largest information communication market. The problem of the bandwidth of China's main network exit has been solved, and a competition structure of main network has been formed. Rapid extended market resources and competitive environment will bring a huge investment into China's broadband market. FTTB, fiber-to-building, twisted-pair and Ethernet are considered to be feasible blue print for the present situation of dense residence in China. Thus, the project is to be more competitive than HFC and ADSL with low cost.
As is estimated, US$2.5 billion will be needed in China's broadband infrastructure this year, and US $24 billion within five years, of which, 15 billion for transmission system, six billion for network, three billion for data communication hardware. In order to extend into this market, Great Wall Broadband begins with the building of broadband community network. Internet service with 10 M bandwidth and 150 yuan per month are provided by this company formed by three listed companies attached to Great Wall Group. Great Wall Broadband aims at developing 10 million users within three to five years.
Among subject matters put on agenda for discussion at the forum are also included China's e-business environment, practice, strategy, revenue, law, knowledge property rights and network security.
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