BEIJING - Chinese telecom giant China Mobile Thursday said it has built more than 20,000 5G base stations in 52 key cities across the country.

It plans to provide 5G commercial services in more than 50 cities by the end of 2019.

China Mobile said it will invest 24 billion yuan ($3.39 billion) to accelerate the construction of the 5G network and has launched 5G network construction in about 300 cities.

So far, China Mobile has installed more than 3,500 5G base stations in Beijing with more under construction.

Yu Xiaohong, the first mobile 5G user in Beijing, said the 5G network is much faster for video streaming and e-payment.