Presentation of Li-Fi Technology to President Xi Jinping
China is currently holding its inaugural International Import Expo (CIIE) this week in Shanghai, bringing together a host of participants from around the world from 5-10 November to discuss the current and future landscape of trade and investment.
The six-day event, the event focuses mainly on imports and brings together thousands of governmental representatives, business leaders, and top officials from international organisations, and also featured speeches from the heads of the International Monetary Fund (IMF), World Bank Group (WBG), and World Trade Organisation (WTO).
Dame Barbara Woodward, British Ambassador to China, presented the Li-Fi light bulb to China president Xi Jinping. The Li-Fi light bulb was created by pureLiFi, a pioneering Li-Fi company engaged in the research and development of Li-Fi and visible light communication technologies.
From left to right: Dame Barbara Woodward; President Xi Jinping; Dr Liam Fox MP, UK International Trade Secretary; HRH The Duke of York. Credit to pureLiFi
Alistair Banham, CEO of pureLiFi stated:
“LiFi is a connectivity platform that will revolutionise wireless communications for 5G and beyond. China has the highest number of internet users in the world, and LiFi could make a significant impact on China’s wireless infrastructure, providing high-speed, efficient data transfer with unprecedented bandwidth”.
The China Li-Fi market is predicted to be around worth £10.7 billion in 2021 and is expected to grow for the next five years. This new disruptive innovation is also expected to grab a high portion of Wi-Fi market especially in commercial use segment. China is going to be the largest Li-Fi in the world.