In the context of China's telecommunications industry, '增值電信業務許可證' is commonly translated as 'Value-Added Telecommunication Services License' in English. This license is a mandatory regulatory approval issued by authorities such as the Ministry of Industry and Information Technology (MIIT) for businesses that provide value-added services in the telecommunications sector.

Meanwhile, '增值電信業務' refers to 'Value-Added Telecommunication Services' (VATS). These services encompass a wide range of offerings that add value to basic telecommunication functions, including but not limited to internet data services, content delivery, online applications, and information services. Unlike basic telecommunication services (e.g., voice calls and data transmission), VATS often involve enhanced features like data processing, storage, or customized solutions for users.

Understanding these terms is crucial for companies operating in or entering the Chinese telecommunications market, as compliance with licensing requirements ensures legal operation and fosters trust among stakeholders.