China's robotics industry may not be at the cutting edge, but it's catching up with the rest of the world at lightning speed. Now Beijing wants to see robotics in all areas of life and a lucrative product for export.
Breakdown
- China's five-year robotics plan aimed to make the country a global leader in robotics. 11s
- Domestic demand for agricultural robots is low due to high costs, but overseas markets are being targeted. 1m 5s
- Chinese robotics still relies on some foreign technology, and exports account for less than 5% of production. 1m 15s
- China has overtaken Germany in industrial robot numbers and doubled its robot-to-worker ratio in four years. 4m 10s
- Analysts warn that China's rapid investment could allow it to quickly become a global leader in robotics. 4m 36s