0 comments on “China will invest US$14.6 bil to develop digital economy”

China will invest US$14.6 bil to develop digital economy

chinaChina will invest 100 billion yuan (about US$14.6 billion) for developing the digital economy in the next five years, according an agreement signed at the International Conference on the Digital Economy and the Digital Silk Road.

The investments will go to projects on big data, internet of things (IoT), cloud computing, smart cities and the digital Silk Road, according to an agreement signed by China Development Bank and the National Development and Reform Commission.

The development of the digital economy has been listed as an important task for building modern economic set up in China and to achieve high quality development.

China has achieved much progress in this area over the past few years, by way of rolling out a raft of measures, which included a national big data strategy.

A report released by Cyberspace Administration of China said the country’s digital economy grew to 27.2 trillion yuan last year, up 20.3% year-on-year, and accounted for 32.9% of  its Gross Domestic Product (GDP).

The two-day International Conference on the Digital Economy and the Digital Silk Road, held in Hangzhou, a scenic city in east China’s Zhejiang Province, opened  on Tuesday.

source: ww.theedgemarkets.com

0 comments on “Vodafone claims UK’s first live holographic 5G call”

Vodafone claims UK’s first live holographic 5G call

vodafone efVodafone showed off its 5G prowess on Thursday by conducting what it claims is the U.K.’s first ever live holographic call using 5G technology.

The call was carried out between the telco’s Manchester office and Newbury headquarters, and featured England women’s football captain Steph Houghton appearing on stage in hologram form to give football tips to a young fan.

It would be easy to dismiss the demonstration as a gimmick, but Vodafone insisted that it points to exciting possibilities that next-generation mobile technology can bring to sport, such as remote coaching and training, as well as opportunities for richer interaction with fans.

“Vodafone has a history of firsts in UK telecoms – we made the nation’s first mobile call, sent the first text and now we’ve conducted the U.K.’s first holographic call using 5G,” said Vodafone UK CEO Nick Jeffery, in a statement.

Of course, holographic 5G calling is only possible when there is a network in place, and with that in mind, Vodafone shared plans to roll out infrastructure in Cornwall and the Lake District next year, and to have 1,000 5G sites up and running nationwide by 2020.

In addition to showcasing 5G, Vodafone also launched new initiatives and tariffs targeted at small businesses and entrepreneurs.

These include a new digital incubator in Manchester; a £300,000 Techstarter award for innovative technology with a social purpose; and a mentorship programme in partnership with Oxford University Innovation called Bright Sparks.

Meanwhile, Vodafone UK’s retail and contact centre staff will be given the opportunity to learn coding via the operator’s new Code Ready scheme. The company is also launching the Vodafone Digital Degree, which combines a computer science degree from the University of Birmingham with a tech apprenticeship at Vodafone.

For small business customers, Vodafone on Thursday launched what it calls a self-optimising tariff that automatically moves subscribers to the most cost-effective plan. It also unveiled Gigacube, a mobile WiFi hotspot that supports up to 20 connections. Vodafone is pitching it to pop-up businesses like shops and restaurants, and companies setting up temporary satellite offices.

“The initiatives we’ve launched today are designed to ensure that everyone can benefit from the digital technologies transforming how we live and work. From our customers and employees, to university students, digital entrepreneurs and businesses, we want to help people across the UK get ready for a digital future,” Jeffery said.

source: www.totaltele.com