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Economy

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2018 World Internet of Things Exposition to be held in Wuxi, E. China in Sept.

June 26, 2018


Abstract : The 2018 World Internet of Things Exposition (WIOT) will be held in Wuxi, east China’s Jiangsu province from September 15th to 18th.

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Press Conference of The 2018 World Internet of Things Exposition (WIOT)

BEIJING, June 25 (Xinhua) – The 2018 World Internet of Things Exposition (WIOT) will be held in Wuxi, east China’s Jiangsu province, from September 15th to 18th , according to a press conference held here Monday.

The four-day event will include a summit, which is expected to be held on the first day of the expo in Taihu International Expo Center, one IoT application and production exhibition, 10 forums and 16 other activities. The amount of events exceeds last year’s 23.

The exhibition will be made up of five sub-exhibitions respectively on the theme of IoT communication, intelligent manufacturing and sensors, smart transportation and Internet of vehicles, smart life and smart city, showcasing IoT’s new trend, new technologies and new applications over the past year, particularly the world’s first city-level LTE-V2X (vehicle to everything) application demonstration. Up to now, nearly 500 well-known companies, including more than 30 Fortune Global 500 companies, have confirmed their participation in the expo.

The 10 forums will focus on hot issues such as intelligent manufacturing, industrial Internet, 5G and Internet of vehicles, artificial intelligence, big data, information security of IoT, intelligent sensors, distributed energy, smart environmental protection and smart agriculture.

Since 2016, the WIOT has been successfully held in Jiangsu’s Wuxi for two consecutive sessions, providing a display platform for China’s comprehensive strength in this field, and also greatly stimulating the development of IoT industry in China, according to Wang Weiming, deputy director of Science and Technology Department, Ministry of Industry and Information Technology.

At present, China’s IoT industry has formed a relatively complete industrial chain including chips and components, equipment, software, system integration, telecommunications operations, and IoT services.

Statistics show that China’s IoT industry had an output value close to 1.2 billion yuan (about 0.18 billion U.S. dollars) in 2017 and the number of machine to machine connections in its public network topped 100 million, which, making up 38 percent of the world’s market size, made it the largest market in the world. Moreover, the market scale of the IoT application in transportation, logistics, environmental protection, health care, security, power grids and other fields has reached tens of billions yuan (about 0.15 billion U.S. dollars).

As a major province of China’s economy, manufacturing, and the Internet, Jiangsu Province has a solid industry base of the IoT. Two successful holding of WIOT have brought positive effect on the IoT industry of the province, according to Wang Zhizhong, Deputy Secretary-General of the Jiangsu Provincial Government. In 2017, the annual business revenue of the Jiangsu Internet of Things reached 500 billion yuan (75 billion dollars), with an average annual growth rate of nearly 20 percent.

As the only sensor network innovative demonstration zone of China, the host city Wuxi has established a comprehensive IoT industry system, according to Gao Yaguang, Deputy Mayor of Wuxi City. The total number of IoT companies in Wuxi now exceeds 2,000, with Inspur, Huawei, Alibaba recently added to the list. In 2017, the business revenue of the IoT industry in Wuxi reached 200 billion yuan (30 billion U.S. dollars), showing an increase of nearly 20 percent. (Contributed by Li Wenxin, edited by Zhang Aifang, zhangaf@xinhua.org)


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