Internet of Things benefits smart city construction

According to the “Smart City Development Report (2012)” compiled by Xinhua News Agency’s New Media Center, 22 smart cities have been clearly proposed in 22 large and medium-sized urban planning documents in China, including Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou, Ningbo and Nanjing. Cities such as Wuhan and Xiamen have formulated or begun to implement special plans for the development of smart cities. According to statistics, China proposes that the investment in smart city construction exceeds 1.1 trillion yuan. Smart City Construction brings a new round of capital market investment, benefiting from the Internet of Things.

Smart City invests more than 110 million

The multiple industries involved in the construction of smart cities are important components of strategic emerging industries. This will become an important breakthrough for the current economic transformation and an important direction for future economic development. Investment opportunities in the capital market will also start.

It is understood that smart cities are a new model for strengthening urban planning, construction, and management by comprehensively using modern science and technology, integrating information resources, and coordinating business application systems. The construction of smart cities is an important measure for implementing the Party Central Committee and the State Council on innovation-driven development, promoting new urbanization, and building a well-to-do society. The industries and industries involved in the construction of smart cities include smart city general plan design manufacturers, internet of things, intelligent transportation, green smart buildings, medical informationization, digital city management and information security.

According to statistics from the Ministry of Information Technology of the National Information Center, the total number of cities proposed by China for the construction of smart cities has reached 154, and the estimated investment is over 1.1 trillion yuan. From the perspective of extending the upstream and downstream industries, the output value of the smart city construction will achieve a leap-forward development based on the investment scale.

Internet of Things benefits smart city construction

The Internet of Things is an important part of the construction of smart cities, as can be seen from the industries involved in the construction of smart cities. The Internet of Things first appeared in the government work report in 2010. In the government work report of that year, Premier Wen Jiabao proposed to “accelerate the R&D and application of the Internet of Things." In the 2012 government work report, the expression of the Internet of Things was further upgraded to "the pace of piloting demonstration of triple play cloud computing Internet of Things."

At present, both government departments and enterprise organizations have invested huge amounts of money in the construction of the Internet of Things. The pilot demonstration work for the Internet of Things has also made substantial progress.

At the first China Smart City Summit held in July this year, Vice Minister of Housing and Construction Qiu Baoxing specifically mentioned that the construction of smart cities must pay attention to and solve the five issues of industry, people's livelihood, environment, administration, and capital.

Compared with investment opportunities in other emerging industries, in the process of structural transformation for the sustainable development of China's economy, the development model of industrial upgrading and the development of strategic emerging industries have mentioned the height of national development strategies. In the process of smart city construction, this strategy will be fully reflected. The development of related industries will inevitably be supported by policies and funds. The investment value and prospects of the industries are worth looking forward to.

However, smart cities can be built in a matter of days. This is a gradual, comprehensive and lengthy process, and its development mode and mode may be adjusted in the process of advancement, but it will not affect its appeal in the capital market. A round of capital market feast created by the construction of a smart city has begun.

About Smart City

Smart City is a new generation of information technology support, knowledge and social innovation 2.0 environment in the city form, smart city through the Internet of Things, cloud computing and other new generation of information technology and wiki, social networking, FabLab, LivingLab, integrated integration tools and methods Applications, to achieve a comprehensive and thorough perception, broadband ubiquitous interconnection, the application of intelligent integration and sustainable innovation characterized by user innovation, open innovation, popular innovation, and collaborative innovation. With the rise of cyber empire, the integration and development of mobile technology, and the democratization of innovation, smart cities in the context of knowledge society are the advanced forms of information cities after digital cities.

From the perspective of technological development, smart city construction requires the application of next-generation information technology such as the Internet of Things and cloud computing represented by mobile technologies to achieve comprehensive awareness, ubiquitous connectivity, and pervasive computing and fusion applications. From the perspective of social development, smart cities also require the application of tools and methods such as wikis, social networks, FabLab, LivingLab, and integrated integration methods to achieve a knowledge-based social environment characterized by user innovation, open innovation, popular innovation, and collaborative innovation. The sustainable innovation emphasizes the realization of comprehensive sustainable development of the economy, society, and the environment through value creation and people-oriented.