MIIT, MoF to Invest RMB 500 Mln in M2M Industry in 2013
Tencent Tech, 12/21/12
Ni Xiaolong, head of the high-tech office of the Chinese Ministry of Industry and Information Technology's (MIIT) Department of Science & Technology, today revealed that MIIT and China's Ministry of Finance (MoF) will invest RMB 500 mln in M2M (Internet of Things) development in 2013, approximately in line with 2012 funding.
Editor's Note: For more background on this topic, please see "MIIT, Ministry of Finance Release 2012 M2M Subsidy Project List" MD 11/08/12 issue.
Keywords: government support government subsidy wireless Ministry of Finance MIIT M2M Science and Technology Department