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China: China sees surge in industrial robot output in first three quarters
Storyline: China sees surge in industrial robot output in first three quarters [Voice_over] New data from the China Machinery Industry Federation shows a major surge in the country's output of industrial robots as demand from downstream manufacturing sectors continues to rise. According to the group, the country produced 595,000 units in the first three quarters this year, surpassing the total for all of 2024. At a Lenovo smart manufacturing plant in south China's tech hub Shenzhen City, the robots are debugged, put through a series of final tests, then packed into padded boxes and shipped to locations across the country. Streamlined processes at this factory and at others, together with the region's mature industrial chain, have helped robot manufacturers meet robust demand from the automotive, electronics, and new-energy products sectors. [Sound_bite] Chen Luping, Director, Electronic Information Institute, China Center for Information Industry Development: "China is now the world's largest manufacturer and consumer of robots. The global robotics market is projected to exceed 400 billion U.S. dollars by 2029." [Voice_over] Chen says embodied intelligent robots are expected to emerge as a key driver in the segment and predicts they'll account for more than 30 percent of the market share going forward. [Restrictions: No access Chinese mainland]
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