China aims to make 100,000 industrial robots a year
CHINA plans to triple its annual production of robots in the manufacturing sector to 100,000 in five years, an industry regulator said on Tuesday.
The target is being pursued as the country upgrades its labour-intensive manufacturing with technological innovation.
China is also aiming to sell more than 30 billion yuan (S$6.2 billion) worth of service robots by 2020 amid surging demand in the healthcare, education and entertainment sectors, according to the Ministry of Industry and Information Technology.
China produced fewer than 33,000 manufacturing robots in the past year, according to the ministry.It became the world's largest market for industrial robots in 2013, according to the International Federation of Robotics.
The organisation estimates that the country will continue to drive demand for various types of robots due to the automation of its factories and increasing demand for service robots in an ageing society.
The ministry will also encourage Chinese robot manufacturers to gain a bigger presence in the high-end market, an area currently controlled by overseas giants such as Fanuc from Japan and the multinational ABB Group based in Switzerland.
THE CHINA DAILY/ASIA NEWS NETWORK