BizChina

China to offer commercial 5G service by 2020

The fifth generation of cellular networks, 5G, may be put into commercial use as early as 2020, according to a regulatory body's roadmap and the business plans of several companies. Insiders from IMT-2020(5G) promotion group, which is dedicated to boosting the systematic promotion of 5G, said second-phase testing will be launched in 2017.

Authoritative insiders also disclosed that the experimental stage of 5G will last three years, from 2016 to 2018. The construction of a 5G network will begin in 2019, with a total budget of 500 billion RMB ($73 billion).

Alibaba Group USD 17.8 Billion of GMV on 2016 11.11 Global Shopping Festival1 of Distribution centers in Hangzhou after 11.11 2016 Global Shopping Festival.

Alibaba Group Holding Limited (NYSE:BABA) today announced that RMB 120.7 billion (USD 17.8 billion) of gross merchandise volume (GMV) was settled through Alipay on Alibaba's China and international retail marketplaces on November 11, 2016. Mobile GMV settled through Alipay accounted for 82 percent of total GMV.

Chinese company recalls products linked to US DDOS attack

A Chinese electronics components firm said it will recall some of its products that were allegedly used to launch a cyber-attack in the United States last Friday, but refused to take the main responsibility, thepaper.cn reports.

Hackers unleashed a complex attack on the internet through common devices like webcams and digital recorders, and cut access in large areas in the US to some of the world's most popular websites including Twitter, Spotify and Reddit.

Michelle Phan develop China market through Youku

It is no secret that internet personalities these days can be as effective as expensive marketing campaigns. And China's major video portal Youku wants a slice of the action.

YouTube star Michelle Phan launched her own channel on China's major video portal Youku recently.

During her trip to China, she hosted a gathering for local fans and created makeup for some of them in Beijing, which was broadcast live on Youku on Oct 13.