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<CN Policy> MIIT and Other Departments Aim for IoT Core Industry Scale to Exceed RMB3.5 Trillion by 2028
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The Ministry of Industry and Information Technology (MIIT) and eight other departments recently jointly issued the "Action Plan for Promoting Innovative Development of the Internet of Things Industry (2026-2028)". It mentions that by 2028, new technologies, products, and models in the Internet of Things (IoT) will continue to emerge, with the industry's innovation capabilities continuously strengthening, and breakthroughs achieved in key technologies such as sensing, networking and communication, data processing, and security.

The plan also states that by 2028, the intelligence level of terminals and platforms will be significantly enhanced, with more than 50 advanced applicable standards to be developed or revised, fostering the creation of 10 billion-level connections and 15 ten-million-level connection application fields. The number of IoT terminal connections is expected to reach a scale of 100 billion, and the core industry scale of IoT is set to exceed RMB3.5 trillion. (hc/w)
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