Our future is with robots
Print Edition
The 5th China Robotic Industry Summit was held last week at the Caohejing Technology Park in Songjiang, with the theme 鈥淕iving Robots the Wings of Internet and Capital.鈥
鈥淲ith economic restructuring, China鈥檚 labor costs are rising, and the robot era is just around the corner,鈥 said Professor Wang Tianmiao from Beihang University.
China鈥檚 industrial robot market will maintain an annual growth rate of up to 25 percent in coming years. Shanghai companies are expected to contribute about 70 percent of the nation鈥檚 robots.
Professor Wang told the summit that the biggest potential for the industry relates to household robots.
鈥淪ervice-oriented robots have been gaining in popularity in recent years,鈥 Wang said.
By 2017, robots related to personal and household services are expected to exceed the numbers of those used in industry.
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