Report: Lack of industry standards stalling development of internet of things

Development of the internet of things in China faces a major challenge from a lack of industry standards, according to a white paper released on Sunday.

The central government has put much effort into building the IoT, a network of devices or objects fitted with software that allow data exchanges, the document said, citing a favorable policy environment and pilot projects in sectors such as agriculture, transportation, environmental protection and healthcare.

"A coordinated multilevel working mechanism on IoT standardization has been created," the white paper said.