China’s homegrown robot makers are driving a wave of low-cost automation that is helping local factories churn out more goods at lower prices, allowing the country to increase its share of exports, even in labour-intensive products.
President Xi Jinping’s Made in China 2025 plan and other government initiatives have pushed to build up domestic robot makers and pump investment and credit into manufacturing.
Chinese factories are installing about 280,000 industrial robots every year, or half the global total, bringing the country’s robot-to-worker density ahead of Germany and closing in on leader South Korea, according to the International Federation of Robotics.
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