Cognitive Lrn&Shr Self Learning Material - Elearning Discussion Park

Cognitive Lrn&Shr platform provides Self Learning Material. Cognitive Lrn&Shr Discussion Park is one of the communication tools to acknowledge ideas & more

Have any question? +91 9967646987 info@clrn-shr.com Log In

China's smart supercities powered by 5G to become new growth engine


January 13, 2020

A Smart city is an urban area that uses different types of electronic Internet of Things (IoT) sensors to collect data and then use insights gained from that data to manage assets, resources and services efficiently. This includes data collected from citizens, devices, and assets that is processed and analyzed to monitor and manage traffic and transportation systems, power plants, utilities, water supply networks, waste management, crime detection, information systems, schools, libraries, hospitals, and other community services. (source-Wikipedia)



Free Online Learning Materials
Credits : Pixabay.com, www.rt.com


The next phase of growth in China could come from developing smart supercities through 5G connectivity, smart grids, renewable energy and modern transportation, according to a report by Morgan Stanley.


It expects the country's urbanization ratio to grow from the current 60% to 75% by 2030, bringing in 220 million new city residents.

Morgan Stanley defines smart tech supercities as regional clusters of giant hubs surrounded by large satellite cities.

"In our view, China is poised to be a global leader in smart city and city cluster development," said Morgan Stanley's Chief China Economist Robin Xing.

Free Online Learning Materials


In the long term, those smart urbanization trends will help sustain productivity growth and mitigate the structural growth headwinds from an aging population, he said.

According to the report, China has shifted its urbanization strategy focus over the past two years to primarily developing five city clusters in advanced regions, including the Yangtze River Delta, Jing-Jin-Ji Area, Greater Bay Area, Mid-Yangtze River Area, and the Chengdu-Chongqing Area.

It is estimated that the average population of the top five city clusters would reach 120 million by 2030, each close to the size of Japan's entire population.

The report has visualized the future life in a potentially smart supercity as daily commuting via high-speed rail and automated vehicles on smart grids, automated households with smart Internet of Things (IoT) appliances running on a next-generation 5G network, as well as better healthcare empowered by artificial intelligence and big data.

Free Online Learning Materials


Such rapid development will push demand for telecommunications and utilities, spur investment in areas like public cloud, 5G infrastructure and IoT devices.

"Over the longer run, more advanced smart city features, such as driverless cars, auto-delivery drones, and fully interconnected and automated home appliances should take productivity to the next level," said Shawn Kim, head of Morgan Stanley's Asia Technology research team.

The research suggested that China's transition to tech-driven supercities would create numerous opportunities for global investment. Smart cities will emerge as an early pilot project for telecom operators to monetize 5G investments, Morgan Stanley said.

Source: www.rt.com

 

Share This:



Read all Latest Online Learning Resources News


 

To Know About Online Learning Resources Contact Us at +91 9967646987 / 9967001619 or Email us at info@clrn-shr.com


Source: www.rt.com