China’s robot industry doubles revenue in five years

By Wang Zheng, Li Xinping, People’s Daily At the 2025 China Robot Industry Development Conference, the China Machinery Industry Federation (CMIF) briefed on the performance of China’s robotics industry during the 14th Five-Year Plan period (2021-2025). Industry revenue doubled from 106.1 billion yuan ($15 billion) in 2020 to 237.89 billion yuan in 2024. In the…