Role of industrial internet grows rapidly

5G-enabled remote driving technology has been demonstrated at a booth at the ongoing 5th China International Import Expo in Shanghai. [ZHANG WEI/CHINA DAILY]

Industry reports and experts emphasize teamwork in various fields

Teamwork across sectors is needed to accelerate the development of the industrial internet, which is widely seen by countries around the world as the key to increasing productivity, officials and experts said after reviewing an industry report.

The value-added output of the industrial Internet is expected to reach 4.45 trillion yuan ($617 billion) this year, accounting for 3.64 percent of GDP, and up from 4.10 trillion yuan in 2021, the latest report from the China Academy of Industrial Internet said. is

The Industrial Internet refers to a network of connected, advanced machines with Internet-connected sensors and big data analytics, which are of great importance in increasing the productivity, efficiency and reliability of industrial production.

Zhang Yunming, Vice Minister of the Ministry of Industry and Information Technology, the nation’s top industry regulator, said that the industrial internet is the key infrastructure and new industrial ecosystem for the deep integration of new generation information and communication technology and the industrial economy.

“This is the fundamental path of the digital transformation of the manufacturing sector and the main driver of its high-quality development,” Zhang said on the sub-stage of the 5th Hongqiao International Economic Forum at the ongoing 5th China International Import Expo in Shanghai.

“More efforts are needed to enhance technical cooperation capacity and expand the breadth and depth of 5G network layout in the industrial sector,” Zhang said.

Currently, all major economies are prioritizing manufacturing development, and they have introduced a series of strategic measures to upgrade the manufacturing industry to become more digital age-oriented, Internet-connected and intelligent, experts said.

Lu Chunkong, head of the China Academy of Industrial Internet, said that teamwork in various fields is important to speed up the development of the Industrial Internet. Industrial enterprises, telecommunications enterprises, software enterprises and industrial control enterprises need to cooperate deeply to strengthen the research of core technologies.

“Meanwhile, it will be a long-term process of upgrading thousands of industries through the Industrial Internet, which is determined by the imbalance in the development of China’s broad industrial economy and its situation,” Lu said.

The academy released a report Sunday showing industrial Internet use across 45 major categories of the national economy. This year, the Industrial Internet will help increase the production of the primary, secondary and tertiary sectors of the economy.

In addition, the Industrial Internet will help upgrade China’s employment structure and stabilize employment, creating more than 1 million new jobs this year, the report said.

Frank Meng, president of Qualcomm China, said that major industrial countries in the world such as China, Germany, the United States and Japan are vigorously promoting the development of the industrial Internet.

“As a common connectivity platform, 5G has played an important role in promoting the development of the industrial internet,” said Meng, adding that the US chip company has partnered with the China Academy of Industrial Internet to build a 5G-connected factory in Kunshan, Jiangsu province.

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