Wuxi, a city in China, has emerged as a leader in IoT innovation at the 2023 World Internet of Things Exposition. The event, hosted by the Jiangsu provincial government and organized by the Jiangsu Provincial Industry and Information Technology Department and Wuxi’s city government, focuses on building a world-class IoT industry cluster and enabling digital transformation in the manufacturing industry through IoT.
China’s IoT industry has experienced rapid growth, promoting digitalization, artificial intelligence, environmental awareness, and integration across various sectors. Vice-Minister of Industry and Information Technology, Xu Xiaolan, highlighted the deep integration of digital technology and the real economy, accelerating the era of intelligent interconnection.
Wuxi, known as a frontier for China’s innovative IoT development, aims to leverage the World IoT Expo as a platform for sharing opportunities and creating a future together. The city’s core IoT industry generated 93.45 billion yuan ($12.77 billion) in revenue last year, with the value of related industries surpassing 400 billion yuan. Wuxi’s IoT industry accounts for nearly half of Jiangsu province’s total, involving over 3,000 enterprises and employing more than 200,000 people.
Hu Guangjie, Vice-Governor of Jiangsu, emphasized the acceleration towards a smart interconnected world, with Jiangsu committed to enhancing innovation, competitiveness, and cultivating future industries. The province aspires to become a global leader in IoT development.
The World IoT Expo showcases four main halls, featuring intelligent sensors, connected cars and digital life, IoT smart manufacturing, and new infrastructure and IoT-related industries. Over 50 new products are being exhibited, spanning various fields such as smart sensors, connected cars, and the industrial internet.
The expo has been a fruitful ground for Wuxi, as the city has signed five strategic cooperation agreements and secured deals for 53 projects, amounting to an investment exceeding 100 billion yuan.
Wuxi places great importance on IoT, using it as the foundation to accelerate the development of new technologies and applications. The expo’s success highlights Wuxi’s leadership in the IoT industry and its commitment to driving innovation in China and globally.
In conclusion, Wuxi’s emergence as a Chinese leader in IoT innovation at the World Expo showcases its pioneering role in the industry. The city’s achievements reflect China’s rapid development in the IoT sector, promoting digitalization and integration across various industries. With its focus on intelligent connectivity and integrated empowerment, the World IoT Expo serves as a platform for sharing opportunities and fostering collaboration. As Wuxi continues to drive the development of new technologies and applications, it strengthens its position as a key player in the global IoT landscape.
