Asia > Eastern Asia > China > EU, China sign key partnership on 5G

China: EU, China sign key partnership on 5G

2015/09/28

The European Union (EU) on Monday announced that it has signed a key agreement with China on the "fifth generation" of telecommunications systems, or 5G, a move aimed to seek an edge in the world digital competitiveness.

"Both parties are committed to reciprocity and openness in terms of access to 5G networks research funding, market access inclunding in membership of Chinese and EU 5G associations," the EU said in a press release.

Signed at Monday's EU-China high level economic and trade dialogue in Beijing, the agreement was described by the EU as a "milestone" in the world race to develop 5G networks.

"It's a crucial step in making 5G a success," said Gunther Oettinger, EU Commissioner for the digital economy and society. "With today's signature with China, the EU has presently teamed up with the majority significant Asian partners in a world race to make 5G a reality by 2020."

5G is expected to be commercially available from 2020 and China is viewed to be a likely major player of 5G development and as well potentially the world's major market for the new technologies, products and services.

Under the agreement, the EU and China will seek to reach a world considerate, by the end of 2015, on the concept, basic functionalities, key technologies and time plan for 5G.

They as well decided to cooperate on joint research actions and to promote bilateral participation of enterprises in 5G research projects. Meanwhile, they will work to facilitate the identification of the majority promising radio frequency bands to meet the new spectrum requirements for 5G.

Besides, the possibilities will be jointly explored on services and applications for 5G, particularly in the area of the Internet of Things (IoT) which connects traditional devices, inclunding home appliances, to the Internet.

Commenting that China will have a substantial role in establishing a 5G world standard, the EU said both sides will jointly promote world standardization for 5G.

"Under this agreement, EU companies, particularly the EU telecoms and ICT (Data and communications technology) industry are likely to have easier access to the Chinese market," the press release said.

"In particular, European companies will be able to access and participate in China's publicly funded 5G research, development and innovation initiatives on the same terms as Chinese companies currently participate in the EU's 5G activities."

The EU stressed that the agreement is "very timely" as the 5G standardization race will start by presently in 2016 together with discussions on spectrum requirements for 5G that should culminate during the World Radio Conference 2019.

The EU's executive body, the European Commission, is investing 700 million euros (782 million U.S. dollars) through the Horizon 2020 Programme to support research and innovation in 5G and has signed similar agreements with the Republic of Korea and Japan in recent months.

Related Articles
  • United States sees China investment talks ‘productive’ after new offers

    2016/06/20 Bilateral investment talks between the United States and China “continue to be productive,” the US Trade Representative’s office said on Friday next the two sides exchanged new offers this week. A USTR spokeswoman said US and Chinese negotiators exchanged revised “negative lists” of sectors that would remain off-limits from foreign investment as they try to reach a transaction for a bilateral investment treaty.
  • Djibouti partners with China to develop local infrastructure and global trade routes

    2016/06/18 Djibouti has recently inked an agreement with China to streamline the East African country’s Customs systems, in a bid to consolidate its position as a logistics and trade centre for the region. The agreement comes as Djibouti channels some $14bn worth of investment – inclunding over $1bn worth of concessional financing from Chinese banks ­– for a spate of major infrastructure projects, ranging from free trade zones to a new railway and port facilities. The new Silk Road
  • Asia Property Bond Market Enjoys Strong Momentum from Stock Market Volatility

    2016/06/12 Chinese Developers Delay Bond Maturity, Deficit to Peak in 2020
  • Forty-six Chinese-owned companies registered in Guinea-Bissau

    2016/06/11 The Company Formalisation Centre (CFE) of Guinea-Bissau from May 2011 to May 2016, registered 46 companies whose owners are from China or Guineans associated with citizens from that country. Statistical data from the CFE to which Macauhub had access Thursday showed that the 46 companies are linked to agriculture, fisheries, catering, clothing sales, cosmetics and computer products, part others.
  • Chinese Group negotiates to buy bank in Brazil

    2016/06/11 The Shanghai Pengxin Group Co is negotiating the buy a controlling stake in Brazilian bank Indusval & Partners (BI&P) in order to expand beyond the raw materials market in the major economy in Latin America, reported China Daily The newspaper said that representatives of both parties had by presently met, although it is possible that no agreement will be reached at the end of the meetings.