The World Intelligent Manufacturing Summit (WIMS) opens on Dec. 6 (today). According to meeting schedule, keynote speech will be delivered and the 13th five-year plan for China’s intelligent manufacturing will be rolled out at 8:30-9:30, Dec. 7. According to previous media report, focus will be laid on key tasks like achieving breakthroughs in five types of critical technical equipment, strengthening foundations of intelligent manufacturing, cultivating and promoting five new models of intelligent manufacturing, and advancing the integrated application of complete equipment produced through intelligent manufacturing in 10 key areas. Constant efforts will be made in facilitating intelligent transformation of traditional manufacturing industry, and laying solid foundation for creating new competitive advantages of China’s manufacturing industry and building China into a manufacturing powerhouse.
Miao Wei, head of the Ministry of Industry and Information Technology (MIIT), talked about intelligent manufacturing repeatedly in recent media interviews. Miao stressed that to achieve intellectualization, breakthroughs must be made in core technologies, while core technologies in areas like high-end sensors, controlling system, industrial software and industrial Internet await breakthroughs.
Miao indicated that intelligent manufacturing is the ultimate aim. In fact, the “Made in China 2025” divides intelligent manufacturing into three stages, namely, digitization, networking and intellectualization. At present, only a few enterprises truly achieve intellectualization worldwide. Digitization is the basis of intellectualization. We should first carry out digital reform in products, production process and management, then set up communication network between different equipment, equipment and product, equipment and people, and finally realizes networking. Intelligent manufacturing will only be possible after the realization of digitization and networking.
Miao remarked that by advancing the construction of innovation center for the manufacturing industry, the MIIT will strive to translate more achievements of scientific research into productivity. At present, the innovation center for power battery has been set up. For the next step, construction of the innovation centers for additive manufacturing and industrial robots as well as the provincial innovation center will be advanced. By 2020, around 15 state-level innovation centers will be built.
Miao claimed that the MIIT will strive for close integration of the software industry and the manufacturing industry, give full play to their superiority, and achieve breakthroughs in core technologies concerning manufacturing digitalization. Meanwhile, the MIIT will boost the development of high-end equipment and the Internet of Things, and strengthen cyberspace security protection in the age of intelligence.
【Relevant industries】
>> Edge computing
According to data statistics by IDC, over 50 billion terminals and equipment will be connected to the Internet by 2020. Over 50 percent data needs to be analyzed, processed and stored at the network edge in the future. Edge computing is an open platform integrating network, computing, storage and application, provides edge intelligent service, meets the demand of industry digitalization in areas like real-time business, data optimization, application intelligence, security and privacy protection.
Relevant companies: ZTE Corporation (000063.SZ); Wangsu Science & Technology Co., Ltd. (300017.SZ)
>> Artificial intelligence (AI)
Besides direct application of AI technologies in areas like natural language processing and computer vision, greater impact brought by AI technologies will be seen in reshaping various industries like life service, medical care, retailing, digital marketing, agriculture, industry and commerce. AI technologies will initiate a new cycle of investment in IT equipment. As the tide of intellectualization comes, a market worth one trillion yuan is expected to be shaped.
Relevant companies: Iflytek Co., Ltd. (002230.SZ); Wisesoft Co., Ltd. (002253.SZ)
>> Cloud computing
The cloud computing industry will surely see great growth in next 5-10 years. The compound average growth rate of public cloud service market, overall public cloud market and private cloud market is expected to exceed 100 percent, reach 65 percent and 30 percent, respectively. The size of global cloud computing market might hit hundreds of billions of US dollars. By 2020, China’s cloud computing market might exceed 220 billion yuan.
Relevant companies: Insigma Technology Co., Ltd. (600797.SH); Wangsu Science & Technology Co., Ltd. (300017.SZ)
>> Internet of Things
According to the introduction made by Lu Xi, an official from the science and technology department under the MIIT, China’s Internet of Things industry has reached a scale of 750 billion yuan now. A batch of mature operation and service platforms and commercial models involved in the Internet of Things have been developed in areas like intelligent traffic, the Internet of Vehicles, medical area and health.
Relevant companies: Guangdong Eastone Century Technology Co., Ltd. (300310.SZ); Sanchuan Wisdom Technology Co., Ltd. (300066.SZ)
>> Sensors
Intelligent manufacturing will drive the application and development of sensors in all industries and areas, greatly fueling the development of new economy. Unlike traditional intellectualization factories, intelligent factories will achieve intellectualization in the whole process of engineering technologies, production, supply and sales. Meanwhile, it will also boost rapid development of intelligent power grid, intelligent logistics, intelligent buildings, intelligent mobile equipment and intelligent products. Zhang Dake, vice-president and CTO of Honeywell International Inc. in Greater China, believed that focus will be laid on the investment in advanced manufacturing and advanced logistics and traffic in next five years. Relevant market scale will reach 250 billion US dollars.
Relevant companies: Suzhou Good-ark Electronics Co., Ltd. (002079.SZ); Henan Hanwei Electronics Co., Ltd. (300007.SZ)
>> Big data
In an economic development period when “information is the king”, data will initiate innovation and reform of the whole industrial chain. Anyone with “big data” thinking will have a head start. The value of big data will activate output value worth one trillion yuan.
Relevant companies: Shenzhen Infogem Technologies Co., Ltd. (300085.SZ); Business-intelligence of Oriental Nations Corporation Ltd. (300166.SZ)
>> Cyberspace security
According to statistics made by relevant institutions, the loss suffered by large and medium-sized enterprises in China in the past year due to information security issues averages to 2.4 million US dollars. The annual loss resulted from cybercrimes exceeds 445 billion US dollars. Threats from the cyberspace are no longer limited to traditional IT system and have been expanded to traditional industrial infrastructure. Domestic cyberspace security market experiences explosive growth. Enterprise-level market might expand from current 10 billion yuan to over 100 billion yuan. Industry insiders predict that domestic cyberspace security market has just started to develop, and a huge market might be developed in the future.
Relevant companies: Nsfocus Information Technology Co., Ltd. (300369.SZ); Venustech Group Inc. (002439.SZ)
Translated by Jennifer Lu
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