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China’s telecom operators continue rallying on Monday, with China Mobile surging as much as 7.6% in Shanghai to hit a new record high of 93.59.
China Telecom is gaining more than 3% and China Unicom up more than 2%.
Last week, the State Council released guidelines for the country’s digital development, aiming to step up construction of digital infrastructure.
Building a “digital China” is an important engine for promoting Chinese-style modernization in the digital age, and it’s a strong support for building new advantages in global competition, according to guidelines released by the State Council.
By 2025, China’s digital infrastructure will be efficiently connected through a broad range of sectors, and China will become a global leader in digital innovations, it said. By 2035, the level of digital development in China will enter the forefront of the world, according to the guidelines.
