Download or read book Business opportunities and development trends of emerging smart cities in China written by by MIC Research Team and published by [Market Intelligence & Consulting Institute]. This book was released on 2012-06-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Abstract
 
Due to the high population density in urban areas worldwide, China - with the world largest population - is facing the increased pressure with respect to resource management as well. In order to sustain its economic growth, China has begun seeking new opportunities and the smart city concept - boasting a potential market value worth trillions of RMB - seems to be an optimal solution to obtain more investment funds from international and Chinese ICT companies. This report profiles the definition of a smart city and provides insight into the government policies, current industry development strategies and new opportunities expected to create for cities undertaking the smart city initiative in China.