China will invest more than 1.1 trillion yuan ($177.64 billion) between now and 2017 to enhance the nation's fixed broadband and 4G networks, according to the State Council.
The nation plans to invest 430 billion this year to improve network infrastructure. An additional 70 billion yuan will be spent in 2016 and 2017.
The State Council has instructed the nation's three state-owned operators to improve the speed of fixed and mobile broadband services while reducing tariffs.
According to the State Council, by the end of 2015 more than 80% of urban residents are expected to be able to access 100Mbps broadband services. Operators are also expected to deploy a combined 1.3 million 4G base stations for rural areas.
The Council will also continue to process of opening up the nation's fixed broadband market to private competition. This process commenced in November when the Ministry of Industry and Information Technology launched public consultations into the plan.
Currently private competition has been allowed in 16 cities. But by 2017, the market will be open nationwide.