Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

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."
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Switzerland Implements Ban on Mammography Screening
Russia Signals Openness to Ukraine Peace Talks Amid Escalating Drone Warfare
Pogacar Extends Dominance with Stage Fifteen Triumph at Tour de France
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
CEO Resigns Amid Controversy Over Relationship with HR Executive
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
Tulsi Gabbard Unveils Evidence Alleging Political Manipulation of Intelligence During Trump Administration
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Trump Announces Coca-Cola to Shift to Cane Sugar in U.S. Production
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Superman Franchise Achieves Success with Latest Release
Hungary's Viktor Orban Rejects Agreements on Illegal Migration
Air India Pilot’s Mental Health Records Under Scrutiny
Jamie Dimon Warns Europe Is Losing Global Competitiveness and Flags Market Complacency
Moonshot AI Unveils Kimi K2: A New Open-Source AI Model
Martha Wells Says Humanity Still Far from True Artificial Intelligence
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
EU Delays Retaliatory Tariffs Amid New U.S. Threats on Imports
Trump Proposes Supplying Arms to Ukraine Through NATO Allies
US Opens First Rare Earth Mine in Over 70 Years in Wyoming
Bitcoin Reaches New Milestone of $116,000
Severe Heatwave Claims 2,300 Lives Across Europe
Declining Beer Consumption Signals Cultural Shift in Germany
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
Western Europe Records Hottest June on Record
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
China’s Central Bank Consults European Peers on Low-Rate Strategies
France Requests Airlines to Cut Flights at Paris Airports Amid Planned Air Traffic Controller Strike
Poland Implements Border Checks Amid Growing Migration Tensions
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Extreme Heat Wave Sweeps Across Europe, Hitting Record Temperatures
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Germany Votes to Suspend Family Reunification for Asylum Seekers
Budapest Pride Parade Draws 200,000 Participants Amid Government Ban
Southern Europe Experiences Extreme Heat
Xiaomi's YU7 SUV Launch Garners Record Pre-Orders Amid Market Challenges
Jeff Bezos and Lauren Sanchez's Lavish Wedding in Venice
Russia Launches Largest Air Assault on Ukraine Since Invasion
×