(ECNS) -- The density of manufacturing robots reached 392 units per 10,000 workers, said Xin Guobin, vice minister of Industry and Information Technology on Wednesday.
Xin stated at the 2023 World Robot Conference that China accounted for half of global installations of industrial robots last year, maintaining its status as the largest market for robot manufacturers worldwide.
Last year, revenues of China’s robotics industry exceeded 170 billion Chinese yuan ($23.26 billion), and production of industrial, service, and specialized robots has grown rapidly, according to the vice minister.
He added that the strength of Chinese robotics brands has continuously increased, with 273 "Little Giant" firms specializing in innovative and specialized fields within the robotics sector, and 10 robotics companies have risen to champions in specific manufacturing categories.
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