Summary
China already leads the world in industrial robots, accounting for 52% of all new robots installed in 2022. Now, the focus is on humanoid robots powered by artificial intelligence (AI). These robots look and move like humans; and are capable of doing tasks just like us - or even better.
Why is China betting big on robots? President Xi Jinping wants to boost the economy by focusing on new quality productive forces, which includes robotics, flying electric vehicles and biotech. With China’s shrinking labour force, could robots be the answer for future economic growth?