Chinese robot industry practitioners should seize the opportunity and step up efforts to bolster their competitiveness, a top industry summit said yesterday.
The Eighth China Robotop and Intelligent Economic Talents Summit opened yesterday in Yuyao, a prefecture-level city governed by eastern China’s port city Ningbo, and will run through Saturday.
It brought together more than 2,000 attendees, including academicians, company executives and industry experts.
The summit began with a ceremony where 27 contracts were signed on the spot, totaling 20.3 billion yuan (US$2.87 billion) and spanning fields such as robotics, smart manufacturing and digital economy.
Besides, the summit also released a research paper titled “China Robot Industry Development Index.” According to the study, China has emerged as the world’s largest application market and innovation powerhouse for robots.
It has also been the No. 1 consumer of industrial robots across the globe for nine consecutive years, the report indicates.
The summit aims to foster discussion on issues including core technologies, digital industry chain, and high-end application of robotics.
It features two sessions of keynote speeches by academicians, as well as three panel discussions to be attended by entrepreneurs.
On the sidelines of the summit, the organizer set aside some 3,500 sqm of exhibition area, with more than 500 products, technological achievements and solutions on display and 30-plus industrial use cases being showcased.
Exhibitors include 97 established domestic and foreign firms including Leaderdrive (绿的谐波, 688017.SH), Midea (美的集团, 000333.SZ), Estun (埃斯顿, 002747.SZ), Sunny Optical Technology (舜宇光学, 02382.HK), and Kuka.