China to take lead in developing smart city technology
China is expected to be leading the way in smart city technology in the next five years, as it becomes a key area of their national policy, and taps into a potential market worth of $1.5tn worldwide, say Chinese authorities.  With over 100 million Chinese citizens expected to move to the cities between now and 2020, the officials believe that the smart city mode of developing is the best way forward for the country's urbanisation.  The central government has already begun work to introduce various support policies and launch pilot projects across China in the construction of smart cities.   

China will take the lead in developing smart city technology in the coming five years, officials say