New opportunities for overseas returnees to start businesses, 5G makes the Internet of Things within reach

From telegraph, telephone to mobile phone, from 1G to 4G, communication technology has brought endless convenience and well-being to mankind and society. Now we are ushering in the 5G era. But what exactly is 5G?

5G, the fifth-generation communication technology, is faster than 4G in terms of performance, wider bandwidth, and lower latency.

5G applications are no longer just mobile phones, it will face the future of virtual reality, smart cities, industrial Internet, car networking, driverless, smart home, smart medical, drones and so on.

This is a data revolution from quantitative change to qualitative change triggered by massive data, and a revolution in which technological innovation promotes social progress. Driven by technology, it extends from the connection of people to the interconnection of everything, from individuals and families to all fields of society, and then brings revolutionary impact to the social economy and life.

New opportunities for returnees to start a business, 5G makes the Internet of Things within reach

The picture shows Cui Linxiao (right) and the members of the classroom R&D team in the corridor of the teaching building.

New opportunities for returnees to start a business, 5G makes the Internet of Things within reach

The picture shows Fan Jintao making a related academic report.

New opportunities for overseas returnees to start a business:

From IoT to Intelligent Connection

"5G can achieve an increase in bandwidth and an increase in information interaction speed, and its transmission speed and data carrying capacity are hundreds of times ahead of 4G. Therefore, the arrival of 5G makes the Internet of Things, that is, the rapid interaction between things and things, and between things and people change. It's within reach." Wang Jinbao said. He graduated from the School of Engineering and Business School of the National University of Singapore. He is currently the senior vice president of Midtown Smart City Investment Co., Ltd. In recent years, he has been mainly engaged in smart city construction planning and construction management operation service projects in China.

The “2017 Annual Government Investment Informatization Interactive Data Analysis Report” released on July 2 of the 22nd China International Software Expo shows that the current investment sector with the largest transaction volume is still the Internet of Things, but investments in the fields of big data and artificial intelligence The growth rate has accelerated significantly. The convergence industry of the Internet of Things and artificial intelligence has entered our field of vision.

The main line of Wang Jinbao’s business has also gradually shifted from the Internet of Things to the construction of smart cities. He said: “It is inevitable to move from the Internet of Things to a smart city. There is no gap or boundary in between. This trend is currently the most concerned in the industry and it is worth furthering. The part of exploration and exploration."

Returnees start a business in the field of Internet of Things:

Pay attention to combining the domestic market

Fan Jintao studied for an executive MBA program at West East University in the United States. After returning to China, he served as Executive Dean of Ruihua Bell (Southern) Industrial Internet Research Institute Zhuhai Co., Ltd. When analyzing the entrepreneurial advantages of overseas returnees in the field of Internet of Things, she said: "International academic talents and superior technical resources represented by overseas returnees are a systematic integration beyond the original subject knowledge system and research scope. In materials, engineering and technology. In terms of core science and technology in basic fields such as control technology, domestic research is still relatively lacking, and many technical bottlenecks need to be broken through, and returnees can show their talents in these fields."

Wang Zhiqin, the leader of China's IMT-2020 (5G) promotion team and vice president of China Academy of Information and Communications Technology, previously stated that many leading concepts proposed by China have been recognized in the 5G standard; the promotion of industrial Internet of Things and smart city construction has become National strategy, all localities are striving to attract and retain talent. In this context, it is time for the returnees to return to China to devote themselves to the construction of major projects such as strong industrial base and intelligent manufacturing. Regarding the returnees who have returned to start a business, Wang Jinbao reminded: "The advantage of returnees lies in their understanding of the international market and the ability to bring back new business models. However, they often lack the knowledge and grasp of the domestic business environment and it is difficult to form a complete team and capital chain. "

Fan Jintao suggested: "How international projects, professional teams, and technical talents can properly connect with domestic market needs, especially domestic capital, is the key to the success of entrepreneurship. Returnees should pay attention to integrating the professional skills they master with the industry. , Matching downstream funds and projects, and finding application points of technology on the entire entrepreneurial ecological platform. This is the key business logic for industrializing technology in the short term."

Prospects for overseas returnees to start a business:

Subject knowledge combined with the Internet of Things

Chang Yue studied electronic communications at Queen Mary's College, University of London, UK, and is very concerned about innovative research and development in the field of application services in the 5G era. He said: “The Internet of Things is a platform that is about to be built. How to develop new products on this platform with the knowledge and technology of other disciplines is the focus of our business. For example, the combination of the Internet of Things and artificial intelligence The Internet of Vehicles realizes the interactive communication between people, vehicles, roads, and the cloud, and coordinates the roadmap and congestion time to realize smart travel. The research and development and innovation of these technologies play an important role in promoting the construction of smart cities."

Cui Linxiao, who studied electronic communication technology at the University of California, Berkeley, also expressed interest in the integration of artificial intelligence and the Internet of Things. “Commercial Internet of Things is reflected in all aspects of people’s lives. For example, it can detect health status in real time and will detect Information is analyzed and processed intelligently by wearable devices. Technical and commercial breakthroughs in this field may directly change our current medical care model."

Wang Jinbao believes that entrepreneurship is a higher level on the basis of innovation. It requires not only breakthroughs in professional disciplines, but also overall planning and coordination in terms of interpersonal relations and funding. He hopes that returning returnees to start businesses, especially in the fields of 5G and the Internet of Things, should use a rational attitude and make appropriate choices based on their own conditions.

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