Wuxi reaps strong partnership to push forward IoT industry Updated : 2017-03-03 (chinadaily.com.cn)

The city of Wuxi in Jiangsu province entered into a strategic partnership with China Electronics Technology Hik Group on Feb 28, further promoting the city's Internet of Things (IoT) industry.

An IoT engineering application center, a state smart city infrastructure operations center, an IoT industry capital operation platform and a provincial IoT technology innovation center will be built as a result of the new partnership. China Electronics Technology Hik Group will invest a total of 10 billion yuan ($1.5 billion) in the IoT projects.

An official signing ceremony was held in Nanjing on Feb 28 to mark the great deal. Li Qiang, the highest official of Jiangsu province, attended the ceremony to extend his congratulations to both sides.