Although fixed-line penetration is highly variable across cities in China, usage of fixed-line services is part of a long-term downward trend. However, take-up of voice over internet protocol (VoIP) calls, which allow users to make phone calls over the internet, will rise. This will boost fixed-line subscriptions, which are expected to increase at an annual average rate of 10.2% over the forecast period (2018-22).
China's cyber-security law, which came into effect in June 2017 in response to several cyber-attacks, has come under significant criticism. It has been alleged that the law could harm online freedom, make it more difficult for foreign companies to operate in China and prove potentially damaging to trade.
Industry List: Fixed, Telecommunications, Internet, Telecommunications, Mobile, Telecommunications, Telecommunications
Industry Codes (NAIC): 517
Industry Codes (SIC): 48