Difficulties for the development and principles for the promotion of IoT industry in the new era——an interpretation of “The 12th Five-Year Plan for the Development of IoT Industry” by the Ministry of Industry and Information Technology

"The 12th Five-Year Plan for the Development of Internet of Things Industry" officially released by the Ministry of Industry and Information Technology on Feb.14,2012 is the first national level development plan for IoT industry.As an important strategic new industry,IoT will play significant roles in accelerating the transformation of economic development and promote the transformation and upgrading of relevant industries.The launch of this Plan will guide governments at all levels to arrange for IoT development,strive together to form a new driving force for the new generation information technology industry,and promote for a faster and more stable development of Chinese economy in "the 12th Five-Year Period".