BEIJING: China has maintained its position as the world’s largest market for industrial robots for the 11th year in a row, with more than 50% of new installations worldwide occurring in the country over the last three years. This achievement was highlighted by Xin Guobin, Vice Minister of the Ministry of Industry and Information Technology (MIIT), during the just-concluded 2024 World Robot Conference (WRC) held in Beijing, China.
According to China Economic Net, China has emerged as a leading force in the innovation, application, and governance of robotic technology. The nation currently holds over 190,000 valid patents in robotics, representing approximately two-thirds of the global total, according to the Ministry of Industry and Information Technology (MIIT).
China’s rapid advancements in robotics have positioned it as both the world’s largest consumer market and a leading producer in the sector.
The 5-day World Robot Conference concluded on 25th August. The event featured forums where experts from vari
ous regions and countries in academia, industry, and research exchanged ideas on key topics related to robotics.
Over the past decade, the World Robot Conference has hosted nearly 200 forums, with 2,246 expert presentations and participation from close to 1.4 million attendees. Additionally, 1,249 enterprises have showcased their innovations. The conference has significantly promoted technological and industrial innovation in robotics, solidifying its reputation as a global leader in innovation, industry development, and international cooperation.
Source: Emirates News Agency