This growth is associated with large -scale government programs and tax advantages aimed at developing automation. Chinese enterprises have established approximately 280,000 industrial robots annually and more than half of them were produced by domestic companies. This makes local solutions attractive to the industry due to lower price than foreign analogues.
The active input of robots helps to maintain production costs and increase productivity. At the same time, contrary to economic expectations, the cost of labor in the country does not grow, but on the contrary, it decreases due to automation.
Robotic interest is not limited to the industrial segment. Chinese companies are actively developing the direction of humanoid robots. Initiatives such as Unitree receive major investments to publish relatively affordable solutions. These projects are supported by the “Made in China” strategy, which accelerates the spread of robotics in areas where mass labor is traditionally involved.
However, automation has the opposite side. In the last decade, employment in a number of sectors of China has decreased by approximately 26.5%. Robots have become one of the factors of the decrease in the number of work, especially in areas with a high share of manual labor.
Thus, China strengthens its position in production at the same time and faces difficulties for the labor market.
Source: Ferra
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