China looks to lead the Internet of Things — from cnn.com by Kevin Voigt.

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The $5,000 Cybertecture Mirror monitors health statistics and real-time social media updates.

The $5,000 Cybertecture Mirror monitors health statistics and real-time social media updates.
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STORY HIGHLIGHTS

  • The Internet of Things market in China is expected to hit $80.3 billion in 2015
  • Beijing has earmarked $800 million for IoT investment by 2015
  • China has created state-funded zones like Chengdu Internet of Things Technology Institute
  • Beijing aims to become a global leader in setting IoT global standards