BEIJING, June 3 (Xinhua) -- China will soon grant 5G licenses for commercial use, the country's Ministry of Industry and Information Technology said Monday.

A view of the 2019 China International Fair For Trade in Services in Beijing, May 28, 2019. (Photo: VCG)

China's 5G industry has built a competitive edge by combining independent innovation and open cooperation, the MIIT said, adding that 5G standards are unified international standards jointly established by global industry players and China now owns more than 30 percent of the standard essential patents for the technology.

Foreign enterprises including Nokia, Ericsson, Qualcomm and Intel have been deeply involved in the experiment of the technologies, and China's 5G is ready for commercial use thanks to the joint efforts from various parties, according to the MIIT.

China, as always, welcomes enterprises at home and abroad to actively participate in the building, application and promotion of its 5G network and share the sector's development dividends, the MIIT said.