China aspires to be global innovation hub for robotics by 2025

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Witnessing a significant uptake of robotics-focused innovation in its home market, China is working on robust measures to become a global innovation hub for the worldwide robotics industry in the next five years, China Daily reported. The report also stated that the world's fastest growing economy is also hoping to achieve breakthroughs in robotics components and widen the application of smart machines in more sectors. It is also be augmenting its capabilities in certain critical components such as servomotors and control panels. Wang Weiming, an official with the Ministry of Industry and Information Technology, told the state-owned newspaper that the ministry aims to double its manufacturing robot density by 2025. "The goal is that by 2025, the performance and reliability of these homegrown key components can reach the level of advanced foreign products," Wang said.

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