On February 1st, 2016, an alliance of industrial internet
in China annouced its establishment, it was initially
co-sponsored by around 40 organizations including companies,
research institutes and universities of China, focuses
on research and development of relevant technology, standards,
integrating the newest internet innovations to boost Chinese
manufacturing and propel industrial upgrading.
Now it has 143 members including the companies from overseas
such as Bosch,Intel, GE. Similar to the fourth industry
revolution or Industry 4.0 of Germany, it is predicted
that with every percentage of increasement of industrial
internet’s efficiency, it will generate three trillion
yuan worth of business growth in China.