CHINESE GOVERNMENT SUPPORT FOR INTERNET OF THINGS COULD BOOST PROTECTIVE COATINGS SALES

STATE support for the development of the Internet of Things (IOT) sector in China has the potential to drive demand for premium protective coatings across the Asia Pacific region, according to IOT and coatings industry experts.During China’s recent change of government leadership, the State Council this February promised to launch tax breaks for companies using these technologies, vowing to achieve widespread “application of the IOT in key areas by 2015, as well as breakthroughs in core technologies.”  Government officials have since been identifying lists ...


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