The EU-China Policy Dialogue Support Facility has recently inaugurated the second phase of the EU-China Smart Cities project, with a focus on co-creation of smart city solutions between European and Chinese ICT companies.
ChinaEU was set up by Chinese and EU industry in order to translate the business opportunities rendered possible by this institutional cooperation, into concrete initiatives, investment and best practice sharing.
ChinaEU stressed that the Internet of Things is one of the most promising areas of collaboration and the agreement between Deutsche Telekom and China Mobile to form a joint venture for the development of Connected Cars in China is an excellent step in this direction. Thanks to the new EU Investment Plan, many Chinese financial institutions are interested in funding innovative projects in Europe, enhancing the connectivity of the least served European regions and increasing smart cities and smart energy projects.
Read more in the article "ChinaEU, CeBIT: China is Europe’s future" published on Broadband4Europe