MK socks capital of China, Oct. 31, 2019. (Xinhua/Shen Bohan)" src="https://www.globaltimes.cn/Portals/0/attachment/2024/2024-08-06/20aa1fc0-3043-4232-ac91-bbd61aab09a5.jpeg" />

Consumers experience 5G mobile phones at a business hall of China Mobile Beijing Branch in Beijing, capital of China, Oct. 31, 2019. (Xinhua/Shen Bohan)

China's Ministry of Industry and Information Technology (MIIT) unveiled new guidelines on Tuesday, vowing to strengthen the innovation of telecom management and aiming to create an efficient, open and unified market access environment.

The move aims to accelerate the construction of a modern industry supervision and service system that is compatible with digital development and help build a market-oriented, legal and international first-class business environment. It seeks to enhance the telecom industry's role in driving new industrialization, strengthening manufacturing, fostering digital growth and promoting high-quality economic development, the MIIT said on its website.

Experts said that the new guidelines reflect the Chinese government's response to foreign investment needs by streamlining and expanding market access. This move aims to attract more foreign capital, boost confidence among domestic and international market players, and align with the country's commitment to further opening-up, experts said.

The guidelines require to optimize market access management and realize a "one-time application, one-stop approval" system for new technologies and applications of various telecom services. The guidelines require to accelerate the revision of the telecom business classification catalog and coordinate commercial pilot programs for new telecom services, and support innovation in emerging technologies like 5G, artificial intelligence and quantum information.

Additionally, the guidelines encourage private-sector involvement, and they support reforms in satellite internet to boost the growth of private telecom enterprises.

"Driven by the third plenary session of the 20th CPC Central Committee and many exchanges between foreign businesses and China, our government addresses both domestic and international needs. We are increasing support for domestic tech innovation while striving to create a more convenient and fair business environment for high-tech foreign enterprises," Bian Yongzu, the executive deputy editor-in-chief of Modernization of Management magazine, told the Global Times on Tuesday.

This sends a positive signal, making companies more willing to invest in China, which will help enhance the security and stability of China's industrial and supply chains, Bian added.

The guidelines aim to foster a fair telecom market ecosystem by monitoring key areas like campus telecom markets and addressing issues promptly. They urge to ensure that large platforms treat third-party companies equally and tackle disruptive behavior like intentional incompatibility and interference with internet applications, according to the MIIT.

"In the global high-tech telecom sector, China is still in a catch-up phase, making the creation of a more transparent business environment crucial. This strategy not only fosters the development of local talent but also attracts foreign investment, driving technological breakthroughs and enhancing telecom-related management expertise," Bian said.

As of the end of March, 1,926 foreign enterprises had been approved to operate telecom businesses in China. In April, the MIIT launched a pilot program to expand the opening-up of value-added telecom services in Beijing, Shanghai, Shenzhen and South China's Hainan Province, injecting new vitality into China's digital transformation and digital economy development.

In recent years, China's information and communications industry has made remarkable strides. The country has built the world's largest fiber optic and mobile broadband networks and created the world's largest digital consumer market, according to media reports.

The high-quality development of China's information and communications industry has achieved remarkable results. There are 3.837 million 5G base stations, reaching more than 60 percent of the world, Minister of Industry and Information Technology Jin Zhuanglong told a press conference held by the State Council Information Office on July 5.