The Chinese mainland and Taiwan, having identified their complementary advantages in the development of the Internet of Things, see promising cooperation across the Strait.
Applications of the Internet of Things have seen strong momentum on the mainland, said Ni Guangnan, an academician of the Chinese Academy of Engineering, at a seminar on the sharing economy and the Internet of Things held Saturday in Xiamen, east China's Fujian Province.
The two sides across the Strait can perform better if they combine the mainland's advantages of talents, resources, and market with Taiwan's advantages in hardware, particularly integrated circuits, said Ni, who is also a researcher with the Chinese Academy of Sciences.
"We have forged long-term cooperations with our mainland counterparts. We are now following the mainland's smart city development," said Pin-Hsien Liang, chairman of Taiwan Internet of Things Alliance.
Liang said that as an application-oriented industry, the Internet of Things has a rosy future on the mainland which has a very good foundation in applications.
"Taiwan has mastered some key technologies related to the Internet of Things, such as chips and cutting-edge equipment. It has also developed smart city, smart industrial park, and smart life much earlier," he said.
Liang's association has cooperated with mainland partners in developing smart city, electronic toll collection, and smart elevators.
Two travel agencies and one company in Xiamen signed a letter of intent in May with Kaohsiung's tourism association to improve smart tourism in Kaohsiung and explore more tourism opportunities.