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China's IoT Core Industry Scale to Exceed RMB3.5 Trillion Within Three Years
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The Ministry of Industry and Information Technology, along with eight other departments, jointly released the "Action Plan for Promoting Innovative Development of the IoT Industry (2026-2028)". The plan outlines five major initiatives: promoting innovation and upgrading of IoT devices, enhancing the service efficiency of IoT platforms, cultivating IoT application scenarios, strengthening the IoT network foundation, and fostering an ecosystem for IoT industry development. These measures aim to drive innovation in the IoT industry, promote the deep integration of the digital economy and the real economy, and support the development of new quality productivity.

The plan sets specific goals to be achieved by 2028, including the continuous emergence of new IoT technologies, products, and models, enhanced industry innovation capabilities, significant improvement in the intelligence level of terminals and platforms, the formulation and revision of more than 50 advanced applicable standards, and the cultivation of application fields with one billion-level and fifteen ten-million-level connections. The number of IoT terminal connections is expected to reach a scale of one hundred billion, and the core industry scale of IoT is projected to exceed RMB3.5 trillion.

The plan mentions accelerating the integration of artificial intelligence, 5G, human-machine interaction, and edge computing technologies with IoT application terminals, while also speeding up the large-scale deployment of IPv6 and promoting the support and default activation of the IPv6 protocol in new industry application terminals.

The plan also proposes expanding network deployment, constructing a mobile IoT network ecosystem based on a high-low combination of 4G and 5G, and advancing the experimental verification of network technologies such as satellite IoT, maritime/underwater/underground space IoT, and new short-range wireless communication. This will support the formation of a widely covered, fully connected, and multi-layered network service capability. (ta/a)
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