Wuxi IoT expo wraps up in grand fashion

The 2019 World Internet of Things Expo wrapped up in Wuxi on Tuesday, with the number of visitors hitting a record high.

According to Gao Yaguang, vice-mayor of Wuxi, the four-day expo attracted a total of 195,710 visitors, beating the 189,000 count from last year. A total of 542 companies from 30 countries and regions attended the show, among which were 37 Fortune 500 companies. Nearly one-third of the exhibitors reached cooperation agreements with visitors during the show, and another 52 percent have sought potential clients, she said.

"As the expo becomes increasingly influential, it will grow into a new platform which facilitates cooperation between technology providers and integration of different industries," Gao said.

Chen Wenbin, head of the Wuxi bureau of industry and information technology, said the expo has achieved fruitful results in attracting capital, talent and resources. The application of IoT technology demonstrated by industry leaders during the show will grow into a new driving force for the city's manufacturing industry, he said.

Wuxi Innovation Park of Sensing Network, the first national-level IoT innovation park in the country, celebrated its 10-year anniversary this year. At present, the city is home to more than 180,000 IoT professionals. Wuxi has also set up nine industrial funds whose total value amounts to over 20 billion yuan ($2.8 billion).