Hong Kong News

Nonpartisan, Noncommercial, unconstrained.
Thursday, Mar 28, 2024

China aims to be hub of global robotics industry

China is aiming to become an innovation hub for the global robotics industry by 2025, as it works to achieve breakthroughs in robotics components and widen the application of smart machines in more sectors.
The move is part of the nation's broader push to cope with a graying population and leverage cutting-edge technologies to advance industrial upgrades, experts said.

The Ministry of Industry and Information Technology said in a five-year plan released on Tuesday that the operating income of China's robotics industry is expected to grow at an average annual rate of 20 percent from 2021 to 2025.

China has been the world's largest market for industrial robots for eight consecutive years. In 2020, the manufacturing robot density, a metric used to measure a country's level of automation, reached 246 units per 10,000 people in China, nearly twice the global average.

Wang Weiming, an official with the ministry, said China aims to double its manufacturing robot density by 2025. High-end, advanced robots are expected to be used in more sectors such as the automobile, aerospace, railway transportation, logistics and mining industries.

More efforts will also be made to achieve breakthroughs in core robot components, such as speed reducers, servomotors and control panels, which are recognized as the three basic building blocks of sophisticated automated machines, Wang said.

"The goal is that by 2025, the performance and reliability of these homegrown key components can reach the level of advanced foreign products," Wang said.

From 2016 to 2020, China's robotics industry grew rapidly, with an average annual growth rate of about 15 percent. In 2020, the operating income of China's robotics sector exceeded 100 billion yuan ($15.7 billion) for the first time, data from the ministry show.

In the first 11 months of 2021, the cumulative output of industrial robots in China exceeded 330,000 units, marking year-on-year growth of 49 percent, according to the National Bureau of Statistics.

Song Xiaogang, executive director and secretary-general of the China Robot Industry Alliance, said robots are important carriers of emerging technologies. As key equipment for modern industries, robots can lead an industry's digital development and upgrades of intelligent systems.

Meanwhile, service robots can also serve as assistants to an aging population and improve people's quality of life.

Thanks to technologies such as 5G and artificial intelligence, service robots can play a bigger role in elderly healthcare, Song said.

The International Federation of Robotics predicted that globally industrial robot installations are expected to rebound strongly and grow by 13 percent year-on-year to 435,000 units in 2021, despite the COVID-19 pandemic, exceeding the record achieved in 2018.

Milton Guerry, president of the federation, said that industrial robot installations in Asia are expected to exceed 300,000 units this year, a 15 percent year-on-year increase.

The trend has been fueled by the positive market developments in China, the federation said.

Deng Xiaobai, co-founder and CEO of Dorabot, a Chinese AI-powered robotic solutions provider for logistics and other industries, said he is excited by the five-year plan.

"The COVID-19 pandemic has driven changes in the logistics industry, which includes the acceleration of innovation, automation and digitalization in the workplace," Deng said. "We are optimistic about future development."
Newsletter

Related Articles

Hong Kong News
0:00
0:00
Close
It's always the people with the dirty hands pointing their fingers
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Steve Jobs' Son Launches Venture Capital Firm With $200 Million For Cancer Treatments
Google reshuffles Assistant unit, lays off some staffers, to 'supercharge' products with A.I.
End of Viagra? FDA approved a gel against erectile dysfunction
UK sanctions Russians judges over dual British national Kara-Murza's trial
US restricts visa-free travel for Hungarian passport holders because of security concerns
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Political leader from South Africa, Julius Malema, led violent racist chants at a massive rally on Saturday
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
'I am not your servant': IndiGo crew member, passenger get into row over airline meal
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Spanish Citizenship Granted to Iranian chess player who removed hijab
US Senate Republican Mitch McConnell freezes up, leaves press conference
Speaker McCarthy says the United States House of Representatives is getting ready to impeach Joe Biden.
San Francisco car crash
This camera man is a genius
3D ad in front of Burj Khalifa
Next level gaming
BMW driver…
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
×