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Xinwu spearheads internet of things development

Updated : 2018-08-28
By Xiang Wenjian (chinadaily.com.cn)

When asked about the recruitment of high-caliber professionals, the chief official played up companies' role in luring talents, saying "it is a company's development, rather than the government, that is decisive in a job seeker's choice."

"Consequently, this year we have beefed up financial support in talent hunting, targeting leading high-tech enterprises, public institutions as well as research institutes."

Despite the achievements, Wang pointed out that the IoT sector in Wuxi still suffers from fragmented application platforms, as is the case in many other IoT-focused hubs in China and beyond.

"Unlike the development of internet, IoT's growing at a slower pace and hasn't yet achieved an explosive growth in China," he said, calling for more concerted efforts to standardize the sector.

Official data show Wuxi, home to roughly 2,000 IoT companies, saw an output value of 200 billion yuan in 2017 and that Xinwu district accounted for nearly 60 percent of the total.

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