- Xinhua Silk Road: The IoT World Expo is held in the Chinese city of Wuxi to boost the development of the IoT industry

BEIJING, Oct. 24, 2023 /PRNewswire/ -- The 2023 World Internet of Things (IoT) Expo officially opened on October 21 in Wuxi City, east China's Jiangsu Province, where the event was also held. Wuxi World IoT Summit 2023, which witnessed the signing of 22 major projects and attracted IoT elites from around the world to jointly promote the development of the industry.

IoT development in Jiangsu has been at the forefront of China. The province's integrated development level of informatization and industrialization in 2022 reached 66.4, ranking first nationally for the eighth consecutive year, and enterprise income of the IoT industry increased by 10.3% year-on-year to 792 billion yuan.

In recent years, Wuxi, as the city from which China's IoT industry set sail and leads the country's IoT development, has vigorously promoted technological innovation and development of the IoT sector, led by construction of the national sensor network innovation demonstration zone, and formed an industrial cluster with intelligent sensors, vehicle Internet and industrial Internet and including more than 3,000 IoT enterprises, with a scale of more than 400 billion yuan, which drives a scale of 660 billion yuan of basic industries in the digital economy.

The development of IoT in Wuxi has attracted the attention of the world, and the World IoT Expo has also become a mirror reflecting the development of IoT in China and the world.

At the World IoT Wuxi Summit 2023, Marc Tarragó, President of the IoT Solutions World Congress announced the launch of the "double exhibition" cooperation between the World IoT Expo and the IOT Sworldcongress, marking the first trial of the World IoT Expo to reinforce the cooperation with other international exhibitions in the IoT sector with the aim of deepening international exchanges on advanced technologies and creating an industrial ecosystem with complementary advantages.

A number of platform carriers were also unveiled at the summit, such as the Industrial Technology Innovation Research Institute of the University of Hong Kong-Wuxi, the China-Europe IoT Cooperation Innovation Center (Wuxi), etc. , to constantly inject "new blood" into the IoT sector and improve, complement and expand the industrial chain of the Wuxi IoT industrial cluster.

Hosted by local authorities of Jiangsu and Wuxi, World IoT Expo 2023 will hold 47 series of activities.

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