LATEST INSIGHTS

Your Present Location :Home > LATEST INSIGHTS

John Ross: China to Strongly Develop Robot Industry

2015-11-25

By John Ross    Source: CRI    Published: 2015-11-25

 

 

Children are attracted by a robot anchorman at the World Robot Conference in Beijing, capital of China, Nov. 24, 2015. The World Robot Conference, which kicked off on Nov. 23, will last until Nov. 25. [Photo: Xinhua/Jin Liwang]


The World Robot Conference 2015 is set to close in Beijing on this Wednesday.


During the three-day expo, China has been encouraging overseas robotics companies to share technologies with China-based vendors.


Meantime, China is attempting to develop the market share of made-in-China robots, with a goal of over 30 percent of the global market share by 2030.


The aim is to use robots to improve efficiency in manufacturing sectors ranging from automobiles to textiles.


China became the world`s largest robotics market last year by the number of products in use.


At the same time, the aging population and the increasing income of Chinese families are set to boost sales of service robots.


Robots can conduct such tasks as cooking, monitoring blood pressure and helping senior citizens.


For more on this, CRI`s Shane Bigham spoke with John Ross, senior fellow with the Chongyang Institute for Financial Studies at Renmin University.

 

 

 




Key Words: Robot   RDCY   market  

Latest Insights