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The Internet of Things has spawned a variety of new business models and formats. Amazon unmanned supermarket AmazonGO, Alibaba’s ummaned supermarket Tao coffee together with Jack Ma’s ‘no man supermarket’ set off an unmanned retail boom. 3. IOT improves management efficiency and change economic innovation The unmanned factory in Dongguan, Guangdong, marks the beginning of the intelligent manufacturing”, which means that the local “machine substitution” strategy has entered into a new stage. The unmanned factory” may alleviate the labor shortage phenomenon, and exert a positive impact on Chinas robot industry 3. IOT improves management efficiency and change economic innovation 4. China’s Strengths in building IOT The leading country to formulate IOT standards Sufficient capacity for 8 inches wafer 3. A complete industry chain layout. 4. Policy support 4. China’s Strengths in building IOT upstream communication chip/ module RFID/ sensor other hardware terminal device suppliers internet device suppliers software application and developers system integrator service suppliers operators customers middle stream downstream In 2015, the Chinese government launched the Guideline of “Chinese manufacturing 2025, which aims at integrating the Internet, cloud computing, big data and IOT technology and manufacturing to enhance the level of intelligent manufacturing and increase their added value. It takes car networking as the starting point to promote the application. 4. China’s Strengths in building IOT Intel, Qualcomm, Broadcom, NXP and other chip manufacturers hold a positive attitude towards the car networking market, starting the layout of card and focusing on connecting technology and intelligent system. With the expansion of the Internet of things market and the increase of network vehicles, the potential opportunities of chip manufacturers are prominent. 4. China’s Strengths in building IOT Texas Instruments said that, in 2000, a car used less than 10 chips, but