IoT new engine of socioeconomic development

As the cornerstone of a fully interconnected world in the digital era, the internet of things has evolved into a powerful force propelling the latest wave of technological revolution and industrial transformation.

Through multi-network collaboration, the IoT fosters ubiquitous connectivity between people, machines and other objects, accelerating the integration of the physical and digital worlds and unlocking the potential of data-driven innovation.

According to the Ministry of Industry and Information Technology, by the end of August 2024, the number of IoT terminals in China had reached 2.57 billion, making the country the first major economy to have more IoT connections than its total population. The milestone shows China's immense potential in the "second phase" of the internet era. IoT technologies also serve as a solid foundation for advancing high-quality socioeconomic development.