IIoT’s Investment Situation in 2020
China is focusing on promoting IIoT recently, from ‘Made in China 2025’ to new infrastructure projects, guiding the development of IIoT and 5G. Specifically, many listed firms are from the intelligent area, including Sany.
48% of IIoT’s investments are used in R&D, and 26% are insignificant projects. The shock of COVID-19 did postpone IIoT’s progress, but it triggered firms to do the digital transformation.
This text is a result of machine translation.
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