MOSCOW, 18 Feb – Project “Russia-China: Main”. The production volume of industrial robots in China in 2020 increased by 19.1% in annual terms, according to official data.
According to the Ministry of Industry and Informatization of the PRC (MPI), the growth in production indicates an improvement in market demand and the acceleration of intellectual modernization of enterprises.
According to statistics from the ministry, the operating income of large industrial robot manufacturers in China increased 6% over the past year compared to 2019.
In the meantime, the robots for the service industry recorded outstanding results: the operating income of large enterprises in the industry reached 10.31 billion yuan (about $ 1.6 billion), which is 31.3% more than in 2019.
China is committed to modernizing its labor-intensive manufacturing sector through technological innovation to meet the challenges of a shrinking working-age population and rising labor costs.