Entrepreneur expects 5G to power the next generation of super-Internet

The broader commercial application of 5G will realize the full potential of the Internet of Things, observed Lei Jun on Friday. The well-known entrepreneur is attending the ongoing NPC session in Beijing as a deputy. The billionaire, who founded Xiaomi Inc, one of the largest mobile phone makers in the world, has proposed to make a law for China’s commercial aerospace industry and expand the role of the private sector in China’s technological research and innovation.