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Business / Policy Watch

China to boost the Internet of Things industry

By Gao Yuan (chinadaily.com.cn) Updated: 2012-12-24 15:55

China is considering guidelines to further develop the Internet of Things industry, financial website 21cbh.com reported on Dec 24, citing a government official.

The government has drawn up 10 initiatives, including national standard drafting and research investment, in a bid to boost the industry, said Gu Dawei, deputy director of high-tech industry office under the National Development and Reform Commission.

Gu said the guideline is expected to be implemented soon, but didn't offer a more-specific timetable.

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