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Subject: Robots are not only for fun and games, it's also a very serious industry in China
Excerpt: English text from the archived bilingual edition · Chinese edition
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Robots are not only for fun and games, it's also a very serious industry in China
The Ministry of Industry and Information Technology, the Development and Reform Commission and the Ministry of Finance jointly issued the development plan for the robotics industry (2016-2020)
The plan lays out the industry's 5 tasks. Key breakthrough products, key components, significant improvement of robot reliability, market share and leading enterprises' competitiveness
China plans to triple its annual production of robots used in the manufacturing sector to 100,000 in five years, according to the plan. China is also aiming to sell more than RMB30b worth of service robots by 2020 amid surging demand in the healthcare, education and entertainment sectors
The plan details the growth of the robotics industry for the 13th Five-Year Plan period with a view to increasing the quality of equipment, said Xin Guobin, the vice-minister of industry and information technology, on last Tuesday
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