Updated: 2008-2-25 14:05:41
 
The National Development and Reform Commission said it has allocated funds for the development of fourth-generation (4G) mobile technology.

In a statement, the state planning agency said development of telecom network equipment, chips and components for broadband, and Internet applications will receive primary financing.

The NDRC did not say how much funds will be allocated, but added that state-owned companies and research agencies can apply for funding.

Earlier media reports said that China is expected to put together a research plan for 4G after the National People's Congress in March, involving total investment of over 70 bln yuan.