China wants domestic companies to buy more locally made robots to lift productivity, but industry insiders have warned its policies are over-stimulating the market and that robot manufacturers were "coming up like mushrooms."
Government officials, worried that productivity growth may have turned negative since 2009, see the promotion of automation as a policy that will increase efficiency. Chinese manufacturers, struggling with increasing costs of labour, also favour more use of robots where possible.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
