The Internet of Things is when objects, or even animals, are connected directly to the internet, allowing them to relay information to the network without human intervention. M2M, or Machine to Machine technology, is a tool to build IoT, enabling a network of connected devices to communicate information to each other.
The Internet of Things is on the rise in China, especially in the Machine to Machine (M2M) sector. The industrial, consumer and public segments all have different opportunities for foreign players.
For helping agricultural and food companies to cope with the challenges in the Chinese market, Mr. Shawn Wu, B2B Practice Leader of SmithStreet, will speak on developing effective market entry strategies for the Chinese Agri-Food market.
“The government plays a significant role in the EV industry in China,” said Shawn Wu, a manager of SmithStreet. Apart from the subsidies, “the [government] also provides top-level standards and guidance in terms of key infrastructure and technology,” he added.more
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