Wuxi IoT industry sees outstanding achievements
Wuxi, the origin of China’s internet of things (IoT) industry, is an important microelectronics center in southern China. The city has achieved fruitful results in developing the IoT industry since the State Council authorized the creation of the Wuxi National Sensing Innovation Demonstration Park in Nov 2009.
Many Wuxi IoT applications have been promoted at home and abroad. The government supported 17 key projects that have been promoted all over China, including smart environmental protection, electronic registration identification (ERI) for motor vehicles and an IoT-based electric vehicle anti-theft system.
Corporations in Wuxi have been contracted to build IoT projects in more than 200 cities of 30 countries and 20 cities in China. World Sensing Net (WSN)’s IoT finance, Heilan Group’s smart storage and CR Pharmaceutical’s logistics intelligence have achieved prominent results.
The construction of IoT parks has progressed into a new stage. Wuxi’s cluster of smart sensor systems industries were designated as national innovative industry clusters. The Intellectual Sports Park of Wuxi opened in March 2016 and the Wuxi ITS (Intelligent Transportation System) Park was approved as a Jiangsu electronic information park in Sept 2016.
Well-known domestic and foreign companies, colleges and institutes have been attracted to the city. Forty-one key IoT R&D institutions have settled in the city, attracting more than 2,500 hi-end talents, including 70 talents from “Thousand Talents Program”. The number of applications for IoT industry patents has surpassed 5,000.
The government improved IoT polices in 2016 to create a better environment for IoT development. These policies have supported application demonstrations, technical innovation, public platforms, characteristic parks and the construction of an IoT town. Wuxi successfully hosted the 2016 World Internet of Things Expo. The expo is the largest IoT meeting in the world. About 20 strategic deals were signed with total investments exceeding 15 billion yuan ($2.22 billion).
The city has made a detailed development plan to propel the the IoT industry forward, exploring more opportunities for the country’s development of IoT.