Information from: http://english.cqnews.net

CHONGQING (CQNEWS) -- The cooperation memorandum of investment and development project was signed by Chongqing Municipal Government and Merchants Group in Chongqing on May 21, 2013.

The two sides will conduct strategic cooperation in such fields as construction of internet of things (IOT) industry base and promotion of development and construction, as well as operation and management of new-type urbanization.

According to the cooperation memorandum, the two sides will establish the IOT industry base in Chayuan New Area of Nan’an District and start the construction of national road network and vehicle network center platform.
 

Meanwhile, they will actively introduce and cultivate electronic information enterprise and its affiliated enterprises (with IOT and the Internet as the focal points) and jointly establish and operate the public service platform of IOT industry.
 

Besides, the two sides will jointly build the “Guangyangwan International Ecological Wisdom City”, which can provide comprehensive supporting service for Jiangbeizui CBD and whose aim is to build a demonstration zone of new-type urbanization characterized with integration of industrialization and urbanization. (Translated by Zhang Xi, Fathom Language Limited)

Link to Original Text：http://english.cqnews.net/html/2013-05/23/content_26161525.htm