Infrastructure has been a top priority for China in 2020, especially new infrastructure including seven key areas: 5G networks, industrial internet, inter-city transportation and rail system, data centers, AI, ultra-high voltage power transmission, and new-energy vehicle charging stations.

According to the announcement at the 2020 National People’s Congress, China will invest an estimated $1.4 trillion over six years to 2025 in new infrastructure programs.

“It is important that the government spends more on concrete projects and pools resources to areas including the healthcare system, medical research, and education,” said Lu Ting, chief China economist with Nomura.

“Educational new infrastructure” related services providers are toB companies in general. ToC companies can achieve rapid growth as long as more investments are poured into customer acquisition, but toB companies need a relatively long-term to expand to a large scale. Hence, they have less market recognition by capitals, particularly overseas investors who know less about China’s national conditions. …










About

GETChina Insights

Supporting the EdTech ecosystem in China & globally. Operated by JMDedu, the leading B2B industry media company in China. Website: https://en.jmdedu.com/

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store