According to a report on June 1 in Hong Kong, the robot industry in Mainland China has developed rapidly. However, industry sources have revealed that many robot companies in the Mainland have obtained large subsidies from various levels of government through “deception†methods, which has caused the development of the industry to be hidden. Industry insiders also suggested that the Chinese government should take action to investigate such companies.
According to reports, Wang Cairong, executive director of the China Artificial Intelligence Robot Industry Alliance, said in an interview with Hong Kong's South China Morning Post: "The Chinese robotics industry is in a government-subsidized drive bubble. The government should open a nationwide Actions to investigate companies that receive government subsidies through deception or illegal relationships."
According to reports, as China's huge manufacturing factories increase the use of automation equipment, China has become the world's largest industrial robot market since 2013. According to data from the International Robot Association, China's sales of industrial robots last year reached 66,000 units, an increase of 16% over 2014.
According to the report, the generous subsidies from the Chinese government at all levels to the robot industry have stimulated the rapid development of the domestic robot industry. According to data from the Ministry of Industry and Information Technology of China, the number of robotics companies has increased from a few hundred in the past few years to 3,400.
"Many robotics companies claim that they have the same level of core technology as foreign competitors." Wang Cairong said. However, the China Robotics Industry Alliance found that some domestic robot companies could not produce without importing core components. “Many robot companies, including some listed companies, have obtained government subsidies through deception, which is an open secret in China. Many companies also apply for and obtain subsidies through the establishment of new companies,†said Wang Cairong.
According to reports, a source in China’s robotics industry stated that local governments have been allocating subsidies to local state-owned enterprises, and those companies that “are related†to the government have received subsidies in particular.
According to reports, Zhao Yong, chief executive of Chinese robots, estimates that many Chinese robot companies are losing money or not making profits. Zhao Yong said in a report published on the website that China's industrial robot sales reached 14 billion yuan last year, but 85% of industrial robots are imported from abroad.
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