A suburban industrial park of Beijing will yield an annual output of 10 billion yuan (US$1.4 billion), a Beijing official said yesterday.
Liu Li, deputy director of the management committee of Beijing’s ETown Economic and Tech Development Zone in Yizhuang, told a news conference held in Beijing that the industrial park will come up with 50 demonstrational projects by 2025 to showcase innovative application scenarios for robotics.
Yizhuang, a tract of land covering 468,000 square km, straddles the Beijing suburbs of Daxing and Tongzhou and is home to a cluster of robotic and other high-tech enterprises.
By 2025, Yizhuang will boast an industrial robot density of 365 units per 10,000 employees, Liu told the conference.
Worldwide, robot density is a key measure of a country’s state of automation.
He didn’t say what the current robot density is in Yizhuang or Beijing as a whole.
Li added that the R&D investment by robotic firms that operate within the park will reach a CAGR of over 50% between 2023 and 2025.
Put down roots
According to official plans, Yizhuang will attract a number of leading robotic firms and their supply chain partners from home and abroad to put down roots there.
The park seeks to evolve into a powerhouse in the field of R&D, application and overall improvement of robotics, a nascent yet fast-growing industry in China.
To date, 110 robotic businesses have already opened their offices in Yizhuang, spanning every aspect of the industrial chain, from core parts manufacturers to application integrators, Liu said.
Beijing released an action plan issued in August 2023, mandating that Yizhuang is to develop itself into a commanding height in robotics over a three-year period from 2023 to 2025.