Wuxi becomes a global leader in IoT development
The intelligent robot, displayed in the AstraZeneca Commercial Innovation Center in Wuxi’s Xinwu district, will instead of a nurse help guide patients and make appointments. AstraZeneca is one of the world’s leading global biopharmaceutical companies. (Photo provided to chinadaily.com.cn)
By the end of last year, the city’s IoT sector employed more than 180,000 people, according to the local government. The 2,000-plus IoT companies generated combined income of more than 243 billion yuan ($35.5 billion) for the city last year, equal to 50 percent of the income made by IoT companies in the province, and 25 percent of the national total. The annual growth rate of Wuxi’s IoT industry has been higher than 20 percent in the five years ending in 2017.