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Agricultural Development Bank of China
News for Outlets

Local authorities in China accelerate development of industrial Internet

August 31, 2020


Abstract : Local authorities in China have recently unveiled a series of policies to accelerate the development of industrial Internet. 5G has greatly improved in all aspects of performance, and it is the base for the implementation of the industrial Internet.

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Visitors look at a 5G intelligent application booth at the 2019 World 5G Convention in Beijing, capital of China, Nov. 21, 2019. (Xinhua/Li Xin)

BEIJING, Aug. 31 (Xinhua) -- Local authorities in China have recently unveiled a series of policies to accelerate the development of industrial Internet. 

East China's Shandong Province has recently released a circular to encourage use of cloud technologies in 11 categories of industrial equipment including chemical plants, wind power equipment, photovoltaic equipment, and engineering machinery. 

Hunan in central China in July announced to set up the first "5G + industrial Internet" pilot zone in the province to accelerate the promotion and application of industrial Internet in advantageous industrial clusters. 

Southwest China's Sichuan Province and Chongqing Municipality have recently signed an agreement to promote integrated development of the industrial Internet in the two regions. 

According to the Ministry of Industry and Information Technology (MIIT), more than 800 "5G + industrial Internet" projects are under construction nationwide and the number is expected to exceed 1,500 by the end of the year. At least 27 provinces have issued policies for the industrial Internet development and the integration of 5G and industrial Internet is taking shape. 

"5G has greatly improved in all aspects of performance, and it is the base for the implementation of the industrial Internet," said Xiang Ligang, an expert in the communications field. 

At present, the number of 5G base stations in China is increasing at a rate of 15,000 new ones every week, and more and more cities will achieve full 5G coverage. 

The FORWARD Business Information Co., Ltd. predicts that the added value of the manufacturing industry driven by the industrial Internet will reach 1.56 trillion yuan (about 218.55 billion U.S. dollars) this year. (Edited by Hu Pingchao with Xinhua Silk Road, hupingchao@xinhua.org)

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Keyword: 5G industrial Internet

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