MIIT MINISTER YU MIAO SPECIFIED THE FAST DEVELOPMENT OF PIVOTONE ON THE SPEECH OF ‘IMPLEMENT THE INNOVATION-DRIVEN DEVELOPMENT STRATERGY OF INTERNET O

2014-09-26

 

In recent years, the Party Central Committee and the State Council has paid very high attention to the development of the Internet of Things. The General Secretary Jinping Xi emphasized the Internet of Things further promotes

the production, keeps people and machines connected in real time and will benefit people in general. Prime Minister Keqiang Li also wanted the participants to strive to develop this strategic emerging industry, and to lead the world in the areas of integrated circuits, Internet Of Things, advanced manufacturing, energy conservation, next generation mobile communication, and big data. From the view of the whole country, our development of Internet Of Things is very fast thanks to the big support from relative departments and local government.  The joint efforts of various enterprises, colleges and universities, scientific research institutions are also quite valuable. At the National Teleconference on the Internet Of Things Work held this year, Vice-Premier Kai Ma fully affirmed the achievements of the development on Internets Of Things.

On September 3rd and 4th, the 3rd meeting of Wuxi National Sensor Network Innovation Demonstration Zone Inter-Ministerial Construction and Coordination Leader Group was held in Wuxi. The Minister of MIIT Yu Miao attended the meeting and made a speech.

The speech stated that: By end of 2013, a total 794 companies were added as “Internet of Things”entities in Wuxi, with over 120,000 participants. The scale of Internet of

Things and related industries reach more than 140 billion RMB in sales revenues. The

annual average industry growth was more than 30%.Key leading enterprises include

small andmedium-sized enterprises with professional, unique technology offeringssuch

asSensingNet Group, MEMSIC, SOUL and Pivotone Communication Technologies, Inc.. The turnover of Pivotone Communication Technologies, Inc.quickly increased from 1,950,000 RMB when founded in 2010 to 100 million RMB by 2013 and the annual average

growth rate is nearly 300%. The number of newly added enterprises has increased a lot. In 2013, the newly added Internet of Things Enterprises was 356, of which 115 companies had registered capital of more than 10 million. Both the newly added enterprises

and registered capital investment have a year-to-year growth of more than 30%.

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