CSC research reports believe that China's smart city development has broad prospects. The demand for intelligence in China's highways and urban transport is becoming increasingly urgent, making smart transportation an important direction for transportation development. According to the China Intelligent Transportation Association, the market size of China's smart city industry in 2023 reached 281.7 billion yuan. In the future, the development of autonomous driving technology is no longer limited to single-vehicle intelligence, but emphasizes the integration of vehicle-cloud collaboration. It is necessary to establish an integrated collaborative mechanism between road-based infrastructure, vehicle terminals, roadside units, and cloud platforms, integrating multi-source and multi-dimensional information for collaborative perception, decision-making, and control. With the continuous efforts of smart transportation policies, the development of the industry is expected to accelerate. The vehicle-road collaboration industry has entered a large-scale verification period, with several national-level testing demonstration areas, vehicle networking pilot zones, and smart cities collaborating with intelligent connected vehicles in pilot cities already established, providing a solid foundation for the integration of vehicle-cloud infrastructure. Companies in the industry chain are expected to benefit from the construction of smart transportation facilities.