The Internet of Things market in China is expected to hit $ 80.3 billion in 2015 . Beijing has earmarked $ 800 million for IoT investment by 2015 . Comment: Beijing aims to become a global leader in setting IoT global standards .
The Internet of Things market in China is expected to hit $ 80.3 billion in 2015 . Beijing has earmarked $ 800 million for IoT investment by 2015 . China has created state-funded zones like Chengdu Internet of Things Technology Institute . Beijing aims to become a global leader in setting IoT global standards .