Domestic robots will account for about 45% of the market in 2020

Miao Wei, Minister of Industry and Information Technology, said in an interview with the media during the two sessions that by 2020, it plans to cultivate 3 to 5 internationally competitive leading companies and 8 to 10 supporting industrial clusters. Domestic robots for high-end robots account for About 45% of market share.
Miao Wei said that the Industrial Internet is a key development area that is in line with the new round of industrial revolution and industrial change, and it is also one of the earliest realizations of the Internet + mentioned in the government work report. It is estimated that in the next 20 years, China's industrial Internet development will bring at least US$3 trillion in GDP growth.

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