The 2021 World Internet of Things (IOT) Exposition, China’s premier IOT event, kicked off two days ago in the city of Wuxi in East China’s Jiangsu Province. The three-day event includes a summit, an exhibition with the latest IoT applications and products, as well as 10 forums focusing on topics such as 5G, big data and smart transportation.
The IoT industry has become one of the most important for the development of the digital economy in China, with its scale exceeding 2.4 trillion yuan (about $ 375.8 billion) at the end of 2020, as he stated. Wang Zhijun, Deputy Minister of Industry and Information Technology, at the summit. Dubbed an “IoT city”, Wuxi is currently home to more than 3,000 companies related to this sector, leading the formulation of more than half of the international standards of the IOT.
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