The 2012 China (Chengdu) Internet of Things Summit will be held on Nov 6 and 7 in Chengdu, capital of Sichuan province.

This year's summit, sponsored by the Chengdu municipal people's government, will seek "new opportunities for the technological and industrial development of the Internet of Things", said Yan Zongming, member of the Party standing committee of Shuangliu county, a leading base of Chengdu's Internet of Things industry.

About 500 people will join in the event, including IT professionals, academicians, researchers, government officials, and representatives from leading foreign and domestic enterprises, said Yan.

In 2010, Chengdu formulated the Chengdu Internet of Things Development Plan, establishing Chengdu's High-Tech Zone as the research and development area and Shuangliu county as the manufacturing area for the city's Internet of Things industry.

By the end of September this year, Shuangliu had signed agreements on 31 Internet of Things projects, with total investments of 33.1 billion yuan ($5.3 billion).

According to Shuangliu's 12th Five-Year Plan for the Internet of Things, the industrial scale of the county's Internet of Things industry will reach 50 billion yuan ($8.0 billion) by 2015.