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But things started to change last summer — in a potentially big way.

But that's just one of many possible views. A completely different perspective is possible.

By applying IoT technology, each home appliance device is connected to Haier's system and its information will be uploaded to the cloud. Haier will thus collect the information and discover the similarities in their use. In this sense, Haier will be able to carry out large-scale but customized production, said Guan.

Buyers and exhibitors discuss potential trade partnership at the third CIIE's pre-expo supply-demand matchmaking session for intelligent industry and information technology in Shanghai on Aug 8. [Photo provided to chinadaily.com.cn]

But with the continuous increase in the number of e-vehicles, the charging behavior has an increasing impact on the grid capacity, he said.