With its vast manufacturing base and diminishing workforce, China’s appetite for robots is rapidly increasing.
When China overtook Japan as the world’s second largest economy in 2011, labour shortages and rising wages were starting to emerge as serious concerns
To many, China Manufacturing 2025 (CM2025) appears to be an initiative purely for boosting domestic industrial capacity and creating national champions who can eventually dominate the global stage.
The 11th EU-China Business Summit took place on 13th July, 2016, at the Great Hall of the People in Beijing. Following speeches given by European Commission President Jean-Claude Juncker and Chinese Premier Li Keqiang, more than 600 business leaders from Europe and China attended workshops on…
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Robotics Revolution: the Rise of China’s Intelligent Robotics Industry and the Role of Foreign Manufacturers
The Made in China 2025 (MiC2025) initiative will see as much as CNY 8 trillion invested over the next 10 years in order to transform China into a global, high-end manufacturing powerhouse.
A great deal of money will be pouring into China’s robotics industry over the next few years, which will bring both opportunities and risks for foreign investors.