Ministry of Industry and Information Technology Minister Miao Wei recently said that accelerating the development and application of Internet of Things is of great significance to enhancing China's ability to independently innovate and increase the contribution of science and technology to economic development.
In the national "Twelfth Five-Year Plan" outline, the key technologies of the Internet of Things (R&D) and industrial demonstration applications have been listed as key support targets. The development of the Internet of Things has been highly valued by the state. Smart grid is an important application field of IoT technology. It is natural to use IoT technology for smart grid. With the advancement of Internet of Things technology, the development of smart grid will also benefit from it, and thus bring more investment opportunities to smart grid-related industries.
The Internet of Things has become a key policy support area The 12th Five-Year Plan outlines that we must promote the leapfrog development of key areas and vigorously develop strategic emerging industries such as energy conservation, environmental protection, new generation information technology, new energy, and new materials. The Internet of Things is a highly integrated and comprehensive application of the new generation of information technology. It has been promoted as a national development strategy by the State Council as a strategic emerging industry.
In April this year, the Ministry of Finance, the Ministry of Industry and Information Technology jointly issued the Interim Measures for the Management of Special Funds for the Development of the Internet of Things. The person in charge of the Enterprise Department of the Ministry of Finance stated that in order to further accelerate the development of the Internet of Things, the Ministry of Finance has approved the State Council to decide that since 2011, the central government has established a special fund for the development of the Internet of Things. The establishment of special funds for the development of the Internet of Things aims to fully support the development of the Internet of Things in China. In order to give full play to the guiding and supporting role of financial funds, the special fund policy for the development of IoT clearly defines the five aspects of the project: technology R&D and industrialization of the Internet of Things, standard research and formulation, application demonstration and promotion, and public service platform. range.
It is understood that the special funds for the Internet of Things total 5 billion yuan, which runs through the 12th Five-Year Plan period and is expected to be completed within five years. Among them, the special funds for the development of the Internet of Things of 500 million yuan in 2011 have been issued in the near future, and nearly 100 Internet of Things companies have received support. Analysts said that this means that the development of the Internet of Things has entered a substantive investment stage.
According to the person in charge of the Enterprise Division of the Ministry of Finance, during the “12th Five-Year Plan†period, the central government will further improve the financial policy system supporting the development of the Internet of Things and strengthen the coordination with industrial policies and science and technology policies in accordance with the development plan of China’s Internet of things and its industrial development. In coordination, we must give full play to the guiding and encouraging role of fiscal policy, actively attract social capital to increase investment in the Internet of Things, and create a favorable institutional environment and policy mechanism for the development of the Internet of Things in China. At the same time, we will actively encourage and support qualified local governments to establish fiscal policies that support the development of the Internet of Things.
Ren Haoning, researcher of China Investment Advisor Energy Industry, said that the future development prospects of the Internet of Things depend on policy support, financial support, and industrial applications. From the perspective of macroeconomic policies, it is expected that the forthcoming "12th Five-Year Plan" for the development of the information technology industry will attach great importance to the development of the Internet of Things industry. The introduction of a series of guiding documents highlights the government’s determination to vigorously develop the Internet of Things industry and lays a strong policy support for its follow-up development. The support of the central government in fiscal policy will effectively promote the development of the domestic Internet of things R&D level and the wide application of the Internet of Things technology. The "Internet of Things White Paper (2011)" released by the Institute of Telecommunication Research of the Ministry of Industry and Information Technology in May this year predicts that at the end of the "Twelfth Five-Year Plan" period, the scale of China's Internet of Things-related industry will exceed 500 billion yuan in the late 13th Five-Year Plan period. It may reach trillion scale.
The smart grid will benefit from the development of the IoT industry. The industry expects that in the context of the IoT being a key support area for the central and local governments, the future development of the smart grid will also benefit. Miao Wei said that in view of the stage and existing foundation of the development of China's Internet of things, it is necessary to strengthen industrial cooperation and apply it to key areas. Among them, in the fields of industry and transportation, it is necessary to vigorously build and develop smart grids, intelligent transportation, intelligent logistics, and intelligent industries to accelerate the penetration and integration of the Internet of Things in relevant industries and fields.
Under the promotion of central policies, local governments have also issued related plans for the development of the Internet of Things to clarify the objectives and key application areas for the development of the Internet of Things in the next 3-5 years. The regions with rapid development of the Internet of Things, including Shanghai, Jiangsu, and Guangzhou, have all included smart grids in key development areas. Among them, Jiangsu and Shanghai respectively issued the "Jiangsu Province Smart Grid Industry Development Special Program Outline (2009-2012)" and " The Action Plan for the Promotion of Smart Grid Industry Development in Shanghai (2010-2012)†provides planning guidelines for the development of local smart grids.
In the national "Twelfth Five-Year Plan" outline, the key technologies of the Internet of Things (R&D) and industrial demonstration applications have been listed as key support targets. The development of the Internet of Things has been highly valued by the state. Smart grid is an important application field of IoT technology. It is natural to use IoT technology for smart grid. With the advancement of Internet of Things technology, the development of smart grid will also benefit from it, and thus bring more investment opportunities to smart grid-related industries.
The Internet of Things has become a key policy support area The 12th Five-Year Plan outlines that we must promote the leapfrog development of key areas and vigorously develop strategic emerging industries such as energy conservation, environmental protection, new generation information technology, new energy, and new materials. The Internet of Things is a highly integrated and comprehensive application of the new generation of information technology. It has been promoted as a national development strategy by the State Council as a strategic emerging industry.
In April this year, the Ministry of Finance, the Ministry of Industry and Information Technology jointly issued the Interim Measures for the Management of Special Funds for the Development of the Internet of Things. The person in charge of the Enterprise Department of the Ministry of Finance stated that in order to further accelerate the development of the Internet of Things, the Ministry of Finance has approved the State Council to decide that since 2011, the central government has established a special fund for the development of the Internet of Things. The establishment of special funds for the development of the Internet of Things aims to fully support the development of the Internet of Things in China. In order to give full play to the guiding and supporting role of financial funds, the special fund policy for the development of IoT clearly defines the five aspects of the project: technology R&D and industrialization of the Internet of Things, standard research and formulation, application demonstration and promotion, and public service platform. range.
It is understood that the special funds for the Internet of Things total 5 billion yuan, which runs through the 12th Five-Year Plan period and is expected to be completed within five years. Among them, the special funds for the development of the Internet of Things of 500 million yuan in 2011 have been issued in the near future, and nearly 100 Internet of Things companies have received support. Analysts said that this means that the development of the Internet of Things has entered a substantive investment stage.
According to the person in charge of the Enterprise Division of the Ministry of Finance, during the “12th Five-Year Plan†period, the central government will further improve the financial policy system supporting the development of the Internet of Things and strengthen the coordination with industrial policies and science and technology policies in accordance with the development plan of China’s Internet of things and its industrial development. In coordination, we must give full play to the guiding and encouraging role of fiscal policy, actively attract social capital to increase investment in the Internet of Things, and create a favorable institutional environment and policy mechanism for the development of the Internet of Things in China. At the same time, we will actively encourage and support qualified local governments to establish fiscal policies that support the development of the Internet of Things.
Ren Haoning, researcher of China Investment Advisor Energy Industry, said that the future development prospects of the Internet of Things depend on policy support, financial support, and industrial applications. From the perspective of macroeconomic policies, it is expected that the forthcoming "12th Five-Year Plan" for the development of the information technology industry will attach great importance to the development of the Internet of Things industry. The introduction of a series of guiding documents highlights the government’s determination to vigorously develop the Internet of Things industry and lays a strong policy support for its follow-up development. The support of the central government in fiscal policy will effectively promote the development of the domestic Internet of things R&D level and the wide application of the Internet of Things technology. The "Internet of Things White Paper (2011)" released by the Institute of Telecommunication Research of the Ministry of Industry and Information Technology in May this year predicts that at the end of the "Twelfth Five-Year Plan" period, the scale of China's Internet of Things-related industry will exceed 500 billion yuan in the late 13th Five-Year Plan period. It may reach trillion scale.
The smart grid will benefit from the development of the IoT industry. The industry expects that in the context of the IoT being a key support area for the central and local governments, the future development of the smart grid will also benefit. Miao Wei said that in view of the stage and existing foundation of the development of China's Internet of things, it is necessary to strengthen industrial cooperation and apply it to key areas. Among them, in the fields of industry and transportation, it is necessary to vigorously build and develop smart grids, intelligent transportation, intelligent logistics, and intelligent industries to accelerate the penetration and integration of the Internet of Things in relevant industries and fields.
Under the promotion of central policies, local governments have also issued related plans for the development of the Internet of Things to clarify the objectives and key application areas for the development of the Internet of Things in the next 3-5 years. The regions with rapid development of the Internet of Things, including Shanghai, Jiangsu, and Guangzhou, have all included smart grids in key development areas. Among them, Jiangsu and Shanghai respectively issued the "Jiangsu Province Smart Grid Industry Development Special Program Outline (2009-2012)" and " The Action Plan for the Promotion of Smart Grid Industry Development in Shanghai (2010-2012)†provides planning guidelines for the development of local smart grids.
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