Smart object four basic elements to constructing such a smart virtual object framework. Some versions of smart objects also include animation information in the object information, but this is not considered to be an efficient approach, since this can make objects inappropriately oversized. Smart, connected products have three primary components: Each component expands the capabilities of one another resulting in "a virtuous cycle of value improvement". First, the smart components of a product amplify the value and capabilities of the physical components. Then, connectivity amplifies the value and capabilities of the smart components. These improvements include: The Internet of things is the
Smart grid in China Corporation of China (SGCC), announced plans to invest $250 billion in electric power infrastructure upgrades over the next five years, of which $45 billion is earmarked for smart grid technologies. Another $240 billion between 2016 and 2020 will be added to complete the smart grid project. . • Set technical and management standards • Develop technology and equipment • Set development plans and initiate pilot projects • Specifically, in 2010, China plans to start construction on the "Two Vertical, Two Horizontal" plan and reach interregional transmission capability of 12.9 GW by the end of the year. • Construct UHV grid