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China telecommunications industry skyrocketing

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In 2012, business revenue for Chinese telecommunications industry recorded the fastest annual growth since 2009. China has the world's largest base of landline subscribers; however structural changes within the industry and rapid mobile phone adoption have caused a decline in landline voice services. The number of Chinese internet users reached 564mn in 2012, spending on average 20.5 hours each week to access the internet. Penetration rates were high in well-developed provinces but high growth...

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