China urges fresh standards for the internet of things

China has called for a global effort to jointly set up a demonstration platform for the internet of things and promote the healthy development of the global IoT industry, according to a statement released in Beijing on Thursday.

Initiated by the World Internet of Things Convention Organizing Committee and other alliances, the declaration advocates a global effort to build universal IoT standards and establish a world IoT fund to support the global development of IoT industry.

He Xuming, executive chairman of the committee, said the information revolution had already changed people's daily lives, while the IoT, which is more comprehensive and much larger, will thoroughly change people's lives and production modes.