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Platform advances
COSMOPlat is also playing a vital role in providing medical supplies made around the world to locations where they are badly needed.
To date, the platform, which is based in Qingdao, has attracted 340 million users, 3.9 million ecosystem partners and has become one of the top industrial internet platforms globally, after those operated by General Electric Co and Siemens.
This year, China has called for accelerated efforts to develop new infrastructure, including 5G, artificial intelligence and the industrial internet, to offset the negative economic impact of the pandemic and drive sustainable long-term growth.
Alex Sinclair, chief technology officer for the Global System for Mobile Communications Association, an industry alliance, said: "China is betting big on the industrial internet of things to increase productivity and drive efficiency by streamlining and automating manufacturing processes via internet connectivity. Backed by positive government support, China is set to become the world"s leader (in this field)."
According to the association, by 2025, there will be 13.8 billion industrial internet of things connections worldwide, with China accounting for some 4.1 billion of them, or one-third of the global market.
Latest data from the Ministry of Industry and Information Technology show that more than 70 influential industrial internet platforms have been built nationwide. Some 40 million sets of equipment are connected to the industrial internet and the number of related apps exceeds 250,000.
With the industrial internet gradually being viewed as the key to higher-level development, cities across China, including Chongqing, Hangzhou and Shenyang, Liaoning province, have stepped up efforts to develop the technology.
Wang, the Qingdao Party secretary, said, "The city has a well-structured industrial system covering 36 of all 41 industrial categories."
Qingdao is home to a number of world-leading enterprises, including home appliance company Hisense, Tsingtao Brewery Co and CRRC Qingdao Sifang, a subsidiary of China Railway Rolling Stock Corp.
In recent years, the local government has made significant investments in high-tech industries, including information technology, biotechnology, new materials and high-end equipment manufacturing. This has led to the city attracting technology startups and well-known high-tech companies such as Huawei Technologies Co, Tencent Holdings and artificial intelligence companies iFlytek and Megvii.
Last year, investment in Qingdao rose by 21.6 percent year-on-year, ranking first among the country"s 35 major cities. Investment in strategic emerging industries and high-tech manufacturing rose by 24 percent and nearly 27 percent respectively.
In the first three quarters of this year, despite challenges posed by the pandemic, Qingdao achieved GDP of 873.9 billion yuan, a 2.2 percent year-on-year rise.
Kong Hanning, former head of the German Academy of Science and Engineering, also known as Acatech, said, "Qingdao"s industrial internet platform has covered almost all the concepts described in the fourth generation of industrialization.


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