Nation’s robotics industry makes big strides


Source: ChinaDaily


China is willing to work with the international community to accelerate the application of robotics in a wider range of fields, create an open and inclusive development environment, and encourage foreign robot companies to invest and grow their businesses in China, the country’s top industry regulator said on Thursday.

Highlighting the increasingly vital role of robots in technological innovation and intelligent manufacturing, Xin Guobin, vice-minister of industry and information technology, urged more efforts to expand international cooperation in the robotics industry and establish regulations and standards to better regulate the development and application of the emerging technology.

Xin made the remarks at the main forum of the ongoing 2023 World Robot Conference, which opened on Wednesday in Beijing. The event runs through Tuesday.

China’s robotics industry has made great strides, with its revenue surpassing 170 billion yuan ($23.3 billion) last year, maintaining double-digit growth, Xin said, adding that the nation’s sales of industrial robots accounted for more than half of the world’s total in 2022, ranking first across the globe for 10 consecutive years.

Data from the Ministry of Industry and Information Technology showed that China’s output of industrial robots reached 222,000 units in the first half of the year, up 5.4 percent year-on-year. Output of the country’s services robots jumped 9.62 percent year-on-year to 3.53 million units between January and June.

Industrial robot installations in China took the top spot globally in 2022, taking up more than 50 percent of the global market share, according to the ministry. In addition, the total disclosed financing amount in China’s robotics industry amounted to over 30 billion yuan last year.

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