Beijing’s E-Town recently hosted the 2024 World Robot Conference (WRC), transforming the city into a global hub for robotics innovation. The event, themed “Co-fostering New Quality Productive Forces for a Shared Intelligent Future,” brought together 169 companies and over 600 innovative products from around the world.
From August 21 to 25, researchers, industry executives, and enthusiasts gathered to explore the cutting edge of robotics technology. The conference served as a dynamic platform for networking, fostering potential joint ventures, and sharing insights on the latest developments and breakthroughs in the robotics sector.
The WRC not only highlighted Chinese innovation and strength in robotics but also forged new paths for exchanging expertise and knowledge. It piqued public interest and fostered international collaboration, reflecting China’s determination to become a global leader in the field.
In recent years, the Chinese mainland’s adoption of new technologies like robotics has significantly boosted various economic sectors. This advancement is largely due to a widespread push for technological innovation, smartization, digitalization, and industrial improvement. The industrial scale of the robotics sector rose to $549 million in 2023, marking an 85.7 percent annual growth.
Research and development in the sector has been intensified as part of the drive for technological innovation and new, high-caliber productive forces. This momentum is set to hasten the shift to digitalization and promote high-quality growth.
The integration of robotics technology holds enormous promise for the advancement of automation, artificial intelligence (AI), smart manufacturing, industrial automation, and innovation. This has led to the emergence of over 720,000 companies producing goods on a massive scale at reasonable prices, establishing themselves as go-to sources for robotics solutions.
In 2023, the Chinese mainland’s output of industrial robots reached 430,000 sets. Over the previous three years, newly installed robot installations accounted for more than half of the worldwide market. Industrial robots boost efficiency in enterprises by cutting costs and producing high-quality goods, helping to optimize safe and effective operations in manufacturing.
The success of the WRC underscores the Chinese mainland’s commitment to advancing the robotics industry and fostering global collaboration. As the world becomes increasingly interested in partnering with China, such conferences play a crucial role in shaping the future of intelligent technology and shared innovation.
Reference(s):
cgtn.com
