From Caijing Magazine :
Led by the state council, China is initiating a large-scale research plan for a 4G standard, successful development of which could shape the 4G landscape of China and beyond, as reported in Caijing Magazine’s recent cover stories “Wiring China for the Next Telecom Era” and “TD’s Hard Life in China’s Wireless World”.
The transition from 3G to 4G will lead to a dramatic increase in data transmission speed from two megabits per second (mbps) to 1,000 mbps. If 3G took mobile phones to the threshold of images and video, 4G will bring them into an era of the superhighway where downloading full-length films will require only seconds.
The research project “Next-Generation Broadband Wireless Mobile Communications Network”, which will stretch over 15 years, has already received the government’s backing. Premier Wen Jiabao approved December 2007 the project in principle, and the Ministry of Finance (MOF) will allocate at least 20 billion yuan for R&D, with the total investment in the project expected to exceed 70 billion yuan.