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Chinese smart robots industry experienced robust growth in 2024

by beijingherald.com
11 February 2025
in Business
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Chinese smart robots industry experienced robust growth in 2024
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A humanoid robot is presented in Wuhan, in the Chinese province of Hubei (center), February 5, 2025. (Photo: Xiao Yijiu)

At the end of 2024, the number of companies in the intelligent robot industry in China reached 451,700, with a total recorded capital of 6,440 billion yuan (around 880 billion dollars), according to the administration of ‘State control state.

The number of these companies increased by 19.39% compared to the end of 2023, demonstrating a constant upward trend in the development of industry in China.

Almost 80% of these companies are concentrated in three sectors, namely scientific research and technical services, information transmission, software and information technology services, as well as wholesale and retail sale , said the administration.

Thanks to its distinct geographic assets, its strong capacity for research and development and a well -structured industrial ecosystem, the country’s eastern region has become a center welcoming around two thirds of companies in the smart robot industry in China.

The number of these companies in the regions of the center and northwestern China represents 15.33% and 14.97% of the total respectively.

Tags: Chineseexperiencedgrowthindustryrobotsrobustsmart
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