China News Technology

China Ranks First in Robotics

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China’s robotics industry has made great strides, with its revenue surpassing 170 billion yuan ($23.3 billion) in 2022, maintaining double-digit growth. The nation’s sales of industrial robots accounted for more than half of the world’s total in 2022, ranking first across the globe for 10 consecutive years.

Data from the Ministry of Industry and Information Technology show that China’s output of industrial robots reached 222,000 units in the first half of the year, up 5.4% year-on-year. Output of the country’s services robots jumped 9.62% year-on-year to 3.53 million units between January and June.

The total disclosed financing amount in China’s robotics industry amounted to over 30 billion yuan last year.

Read the whole article HERE.

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