China leads the world in investments in IT technology

According to the report in the quarter of 2017, the total amount of investments in the Internet and its financing around the world reached $ 43.3 billion, in particular, China accounted for 38.56% of the total, the Chinese state agency Xinhua reported.

China attracts foreign investors in IT projects.

Siemens PLM Software will build the innovative intellectual production center "Industry 4.0" in Taiyuan (Shanxi Province, North China).

In January, Siemens signed a cooperation agreement with the Shansi indicative zone of transformation and comprehensive reforms and a local company specializing in smart data technology.

According to the plan through an innovative center, Siemens will provide Chinese manufacturers with research and development. This is very important for Shanxi, which promotes digitalization of its companies.

Last year, the German concern announced its intention to cooperate with the Chinese authorities and research structures on the creation of a new robotics center. Currently, the company employs about 4,500 scientists and engineers in China.

Robotics and production automation are those areas that are prioritized in the government program "Made in China 2025". In this context, the German industry is seen as a good potential partner.