Mobile carriers, including China Mobile and China Telecom, will speed up 5G investment and boost the digital economy, officials said on Wednesday at the Mobile World Congress Shanghai 2019, the country's biggest telecommunications show. China is likely to invest US$184 billion on 5G by 2025 — half of Asia’s total budget of US$370 billion. A good 28 percent of China’s mobile connections will be on 5G networks by 2025, accounting for about a third of all 5G connections globally, according to industry association GSMA. Chinese carriers are eagerly looking for opportunities in 5G, including cloud computing, Internet of Things and AI.