BIZCHINA / Weekly Roundup
China's 3G standard in Korea
(China Daily)
Updated: 2006-09-04 14:00
China's 3G standard in Korea
Leading South Korean mobile operator SK Telecom will build a trial
network in South Korea based on China's TD-SCDMA 3G mobile
telecommunications standard.
China's National Development and Reform Commission, which made the
announcement last week on its website, says that SK Telecom will use the
standard to develop 3G applications.
In addition, the commission says Chinese and South Korean firms will
establish a joint TD-SCDMA research and development centre in China, but
didn't reveal the total investment in the network or the centre.
US$10 billion difference
China's economy grew 10.2 per cent last year, instead of the previously
announced 9.9 per cent, the National Bureau of Statistics (NBS) announced
last Wednesday, with the difference in monetary terms amounting to nearly
US$10 billion.
The bureau revised the 2005 gross domestic product from 18.2321 trillion
yuan (US$2.279 trillion), as announced in January, to 18.3085 trillion
yuan (US$2.289 trillion).
The difference was mainly contributed by manufacturing, mining and
agriculture while growth in the services, or tertiary, industry was
smaller than previously thought.
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