Midea Building Technologies, a business division of Chinese home appliances maker Midea Group, has announced it will launch a smart building industry ecological alliance with relevant partners, aiming to accelerate digital, smart and low-carbon development of the building industry.

Establishment of the alliance was announced during a recent building technology summit in Shanghai, which explored the future trend and development direction of building digitalization and low-carbon under the national carbon peaking and neutrality goal.

"Launching the alliance will enable all ecological partners to share technology platforms and architectures, realize the mutual links of core technology values and jointly build an open and integrated new digital ecosystem," said Meng Tao, research director of Midea Building Technologies.

The intelligent building ecological alliance involves ecological partners such as Shanghai Advanced Research Institute of the Chinese Academy of Sciences, Beijing Institute of Architectural Design and Beijing Zhubiao Construction Consultancy Co.

During the conference, the company also released a research report on a digital general contracting mode, which covers the five major areas of digital consultation, engineering, procurement, construction and operation.

"The mode would effectively promote implementation of digital smart building, from consulting, designing, procurement and construction to operation," said Meng.

The company also unveiled a digital-driven iBuilding platform in 2021; aiming to achieve data sharing, offer digital solutions to buildings; and form integrated smart solutions for hospitals, airports, industrial parks and hotels.

Midea Building Technologies has landed several projects in the four major industry scenarios of medical, park, infrastructure and industry, comprehensively promoting the development and transformation of the smart building field, according to Meng.

The smart building industry has shown a rapid and steady development trend, with the global market value being expected to reach $328.62 billion (2.28 trillion yuan) by 2029, according to the company.