China Unicom [0762:HK] announced that it will reduce its international, Hong Kong, Macao and Taiwan roaming fees starting on August 10, according to c114.com on August 10. The fee reduction applies to both voice and data services. The voice roaming fee adjustment includes 18 countries and regions with an average decline of 44% and the largest drop being 79% in fees. The data roaming fee adjustment includes 143 countries and regions with an average decline of 46% and the largest drop being 97% in fees.
The latest fee adjustment is China Unicom's largest fee reduction so far, and it comes as the Chinese government continues to implement its guidelines to reduce fees of roaming services. Previously on June 1, 2017, the company already reduced international roaming fees. To further achieve the goal set by the government, it is expected that major Chinese carriers including China Mobile [0941:HK], China Unicom, and China Telecom [0728:HK] will release additional plans to reduce various fees. It is noteworthy that the roaming fee cut is also an implementation of the Belt and Road (BaR) initiative as reduced communication costs could promote connectivity and enhance economic ties among countries.