How China’s ‘Gigabit Gig’ can save the world

China has signed a $2.5bn deal with a German telecommunications company to provide internet access to more than 300 million homes, businesses and institutions in its southern province of Guangdong.

Key points:The agreement was signed at a ceremony at Guangzhou’s International Trade Fair and Exhibition CentreThe contract will cover internet service in Guangzhou and Guangdongs capital, Guangzhou, until 2035The contract covers internet service for more than 1 million residential, business and government offices in the Guangzhou area and a network covering the rest of the provinceThe contract is valued at more than $2bnThe deal was signed in front of representatives of Chinese state-owned telecom firm Huawei and other Chinese firms.

“This is a great opportunity for the local and national industries in Guangdans capital and the surrounding areas to gain access to the fastest internet speeds,” Guangzhou Mayor Zhu Guangyao said.

The agreement will cover the full Guangzhou metropolitan area, the majority of the Guangdou city-county, the Guangdu county and the eastern coastal area.

“The agreement is an important step in establishing a new, sustainable economic model for the Guangzhou province,” Zhu said.

“We will strive to establish a high standard of infrastructure in our region.

Guangzhou will benefit greatly from this development.”

Huawei is the largest telecommunications company in China and the largest supplier of fibre to the home and fibre to premises (FTTN) to the world’s biggest economy.

Its contract with Guangzhou-based Huawei Technology will cover all telecommunications and internet infrastructure in Guangzou until 2034, covering more than one million residential and business offices in Guangdu County, a total of more than 2.5 million homes and businesses.

The network covering Guangzhou was built in the 1990s and is one of the biggest in China.

“China has an ambitious plan to increase internet speed to 100 megabits per second by 2030, but it’s not easy to scale up and provide it to the whole of the country,” Huayong Huang, Huawei’s vice-president for localisation, said.

“The Guangzhou agreement is the first step towards this.”

Mr Huang said the deal would allow Guangzhou to expand its fibre to home and FTTN infrastructure by 25 per cent.

“There are more than three million households in Guangchong.

The agreement will allow them to get internet access in the city of Guangzhou,” he said.

Mr Huang also said the agreement would boost the quality of internet services in the province, and would help Guangzhou reach a goal of becoming a “digital-first” city.

“As the world leader in internet, China is the only country in the world with the capability to build a high-speed network for all internet users,” he added.

“Our contract with Huawei will help Guangdougou achieve this ambitious goal.”

The deal comes as China continues to ramp up its infrastructure investment, and as the government pursues a massive internet plan to boost growth and jobs.

The government has been trying to push the internet rollout to more of the Chinese population, who are largely in rural areas, to help combat the spread of emerging internet threats such as terrorism, hacking and cybercrime.

But the Guanghong agreement with Huawei marks a significant step towards making this happen.

“It will be the first commercial agreement between Guangzhou city and the state of Guangxi,” said Zhang Huai, a Guangzhou researcher at the Chinese Academy of Sciences, a state-run think tank.

“I hope it will encourage Guangzhouers to become internet users and help to build the city’s reputation as a digital-first city.”

The agreement comes as the Chinese government has continued to ramp-up its infrastructure investments, and has been pushing the internet roll out to more rural areas to help fight the spread, as well as to combat the growing threat of online terrorism.

In January, the government launched a new nationwide “Great Firewall” to crack down on cybercrime and online piracy, which it hopes will lead to greater economic growth and job creation.

More than 30 people were killed in an attack on a movie theater in the Chinese city of Wuhan in December.

China has signed a $2.5bn deal with a German telecommunications company to provide internet access to more than 300 million…