Park signs $437M worth of deals at exposition
The Intellectual Sports Park of Wuxi will sign two agreements valued at 3 billion yuan ($437 million) at the 2018 World Internet of Things Exposition, which opens in the city on Saturday.
The agreements involve setting up a fund for smart sports enterprises and establishing an industry 4.0 intelligent production line, according to Zhu Mo, CEO of the park in Wuxi, Jiangsu province.
He also said an inspection and testing center approved by the national sports authority will be established to improve the quality of products and services offered by the park's companies.
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