Chinese Robots Plan to Take Over the World

Sunday, May 24, 2015
By Paul Martin

SputnikNews.com
24.05.2015

China, the world’s largest market for robots, also wants to become their biggest producer.

The China Robot Industry Alliance outlined plans on Friday which would make China become the world’s largest manufacturer of robots, at the organization’s annual conference in Chongqing, southwest China.

“We predict that China can become one of the strongest industrial robot makers by 2030,” said Song Xiaodong, secretary-general of the Alliance, at the conference.
An investor looks at a stock price monitor at a private securities company

According to the plan, which is being overseen by China’s Prime Minister Li Keqiang, by 2030 China will be a world-leading research and development center for robotics. It could also become a high-end manufacturing base for robots and key components, explained Song.

Demand for robots in China has increased due to rising labor costs, changing demographics and the Chinese government’s desire to shift manufacturing away from the manual assembly of lower-quality products to higher-value products which require automotive precision.

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