The Chinese mainland's robotics sector has experienced rapid growth, now boasting over 451,700 active enterprises—a staggering 207 percent increase since 2020. Supported by $900 billion in registered capital, these firms are heavily invested in research and development and tech services, establishing China as a formidable innovation powerhouse.
A recent report by Morgan Stanley highlights China's leadership in the humanoid robotics arena, forecasting a global market reach of $60 trillion. This surge not only underscores China's commitment to advancing technology but also positions the nation at the forefront of the robotics revolution.
For more insights, CGTN's Liu Jiaxin explores the factors driving this monumental growth and what it means for the future of global robotics.
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China's booming robotics industry powers 451,700 enterprises
cgtn.com
