|
China pending to issue policies to spur Internet of Things development
BEIJING, Feb 05, 2013 (Xinhua via COMTEX) --
China's State Council, or the cabinet,
is expected to release guidelines on promoting the development of Inte
rnet of Things industry soon, according to a report by Xinhua-run Econ
omic Information Daily.
Following the pending guidelines, relevant supporting measures incl
uding fiscal, investment and financing policies will come out, the rep
ort adds.
The newspaper quotes an unnamed authoritative expert as saying that
the supporting policies would urge greater credit support from commer
cial banks to key demonstration projects, encourage setting up special
funds to support innovative companies, and enlarge and diversify inve
stment entities in Internet of Things industry by promoting the engage
ment of venture capital.
Besides, a policy of guiding companies in the industry to go public
was also in discussion to solve the capital shortage during the indus
try development.
According to the analyses from securities companies, the output sca
le of China's Internet of Things industry increased 38.6 percent to 36
5 billion yuan in 2012, and is expected to exceed 500 billion yuan by
2015.
(Edited by Lu Yuan, luyuan@xinhua.org)
[ Back To Technology News's Homepage ]
|
Internet Telephony Magazine
Click here to read latest issue
CUSTOMER 
Cloud Computing Magazine
Click here to read latest issue
M2M Evolution Magazine
Call Center/CRM
Info Tech 
IP Communications 
Mobile 
Green 
Satellite 
Robotics 
