On October 24, 2009, tangxin No.1, China's first independently developed Internet of things chip, appeared at the 4th China private science and technology enterprise Expo, which also means that China has a voice in the international Internet of things industry.
According to industry analysis, the Internet of things may lead to the third wave after the computer and Internet. China's Internet of things has been upgraded to the height of national strategy. It is not only the foundation of future smart city construction, but also the opportunity of national industrial restructuring and transformation.
With the "13th five year plan" and "China 2025" and other policies put forward, China's Internet of things industry is growing with a high trend. By the end of 2016, the market scale of China's Internet of things industry has reached 950 billion yuan, an increase of 26.67% over the previous year. It is expected that the market size of China's Internet of things will break through the trillion mark in 2017.

In the process of the development of the Internet of things, RFID tags, sensors and embedded systems are the core technologies, which are widely used in intelligent transportation, government work, public safety and environmental monitoring and other fields.
RFID tag technology is also widely used in access control, product anti-counterfeiting, package tracking identification and material management. According to the data, in 2016, China's RFID electronic tag market scale reached 54.27 billion yuan. In all application fields of RFID electronic tags, financial payment ranks first with 26.7% market share.
As a large-scale industry, the development of the Internet of things needs a long time of accumulation and brewing. From the perspective of China's economic and technological level, the rise of the Internet of things in China has just begun