PR99011

BEIJING, Nov. 28, 2022 /PRNewswire=KYODO JBN/ --

The 2022 World Internet of Things (IoT) Wuxi Summit kicked off on November 26

in Wuxi, east China's Jiangsu Province.

As a main part of the 222 World IoT Exposition also held in the city, the

summit attracted elites worldwide to jointly discuss future development, latest

scientific and technological results and excellent application cases of the IoT

industry.

As a pioneer in IoT development, Wuxi is the only national sensor network

innovation demonstration zone in China. The city has been continuously tapping

into the industry in recent years.

In 2021, the scale of the city's IoT industry exceeded 350 billion yuan,

accounting for 50 percent of that in Jiangsu and nearly 25 percent of  national

total. The figure kept a growth rate of 14 percent from January to September

this year.

Driven by the industry, the city's digital economy has made great strides, with

the scale of core industries surpassing 600 billion yuan in 2021, ranking first

in Jiangsu regarding development index.

At the summit, 11 academicians from the Chinese Academy of Engineering and the

Chinese Academy of Sciences jointly initiated the Wuxi Initiative on

accelerating IoT development, proposing to develop the industry from new

digital infrastructure, new digital technologies, new digital applications and

the building of open and collaborative world-class IoT clusters.

The 2022 gold award results of new technologies, new products and new

applications of the IoT industry and the IoT innovation development index were

also released at the summit.

Wuxi inked cooperation agreements at the summit with China Unicom, the China

Center for Information Industry Development with the Ministry of Industry and

Information Technology and Chinasoft International Limited, with the aim to

promote the development of the digital new economy in the city.

Taking artificial intelligence plus IoT integration and innovation as the main

line, Wuxi will focus on developing intelligent sensors, internet of vehicles

and industrial internet by enhancing the building of innovation platforms,

improving related regulations and creating better business environment for

related enterprises.

It is learned that the World IoT Exposition has attracted participants from

over 50 countries and regions and more than 1.1 million attendees since it was

first held in 2010, with nearly 800 major projects launched, driving a total

investment of more than 200 billion yuan in the IoT field.

https://en.imsilkroad.com/p/331357.html

SOURCE: Xinhua Silk Road

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   Caption: The 2022 World IoT Wuxi Summit opens in Wuxi, east China's Jiangsu Province,

November 26, 2022.