China to boost Industrial Internet in the coming years

Taking advantage of fast-tracked Industrial Internet development through integration with 5G technologies, China plans to build 30 5G factories in 10 key industries by 2023. The action plan on Industrial Internet development unveiled by the Ministry of Industry and Information Technology (MIIT) marked 2021-2023 as the period of the rapid growth of China's industrial internet. They also informed that three to five industrial internet platforms with international influence will become operational and a data centre for Industrial Internet will be established by 2023.

Adaptation to Industrial Internet will equip industries in advanced technologies such as next-generation wireless networks, big data and artificial intelligence and IoT. MIIT data indicates that China has already succeeded in nurturing 70 industrial internet platforms into regional influence, connecting about 60 million sets of industrial equipment and more than 400,000 industrial enterprises.