China’s Smart Robot Industry Expected to Thrive by 2024

By the end of 2024, China’s smart robot industry is projected to have 451,700 enterprises and 6.44 trillion yuan in registered capital, equivalent to roughly 880 billion U.S. dollars, indicating robust growth in the sector.

As of the conclusion of 2024, China’s smart robot industry has experienced significant growth, boasting a total of 451,700 enterprises operating within the sector. This expansion reflects a burgeoning interest and investment in robotics technology across the nation. The registered capital for these businesses has reached an impressive 6.44 trillion yuan, which is approximately equivalent to 880 billion U.S. dollars. This development underscores China’s commitment to advancing its technological capabilities in the robotics field.

The smart robot industry in China is rapidly expanding, marked by a high number of enterprises and substantial registered capital. As the sector evolves, it is positioned to play a pivotal role in China’s technological advancement and economic development moving forward into 2024 and beyond.

Original Source: english.anhuinews.com