[Inside China Business] Why isn’t China exporting robots?
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China’s robotics industry is the fastest-growing in the world, closing the gap fast with Germany and Japan, the global leaders. China already enjoys dominant supply chain advantages in the hardware supply chain, and are catching up quickly in software.
Robotics companies in China offer robots at far lower prices than rivals in Europe or Japan. Chinese models typically cost less than a fourth what comparable units charge. Yet far fewer than 5% of Chinese robots are exported.
China’s world-leading adoption rates for robot installations, along with massive official support to the industry, point to the reason: China’s strategy is to lead the world in robotics manufacturing and deployment to improve efficiency and productivity exclusively in China’s factories.
Resources and links:
Global robot population grows by 10% to exceed 4 million
China bets on robots for rapid growth, says IFR
Wall Street Journal, In America’s Factories, Even the Robots Are Getting Less Work
China’s Robots Are Coming of Age
The Diplomat, China’s Trickle-Down Supply Chain: From Intelligent Electric Vehicles to Robots
Chinese Manufacturers Use 12 Times More Robots Than U.S. Manufacturers When Controlling for Wages
IOT, Robot Installations Top 500,000 a Year; China Dominates
Robots as a new engine for growth
Closing scene, Fisherman’s Wharf, Dalian, Liaoning
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