China's start-up and innovative technology-based companies maintained good growth momentum in April, as they have been unleashing creativity faster thanks to a series of supportive policies.
According to the State Information Center, the vitality index of start-up company operations recorded a 36.8 percent year-on-year increase in April, accelerating by 14.3 percentage points compared to the previous month.
In addition, the vitality index of innovative technology-based enterprise operations increased by 28.9 percent year-on-year in April, with the growth rate rising by 6.9 percentage points compared to March.
A series of supportive policies promoting equipment upgrades have boosted the development pace of certain consumer goods and equipment manufacturing industries, thereby driving the production vitality in the industrial parks, according to economic observers.
"All localities and government departments have made concerted efforts to foster and develop new quality productive forces in line with local conditions, effectively promoting industrial and economic vitality. At the same time, China continues to enhance its innovative policy system centered around laws and regulations, fiscal and tax policies, financial policies, and innovation policies, accelerating the release of vitality for start-ups and innovative enterprises," said Liu Fang, a researcher of the Chinese Academy of Macroeconomic Research.
China's start-up, innovative tech companies on growth track in April
The city of Shenzhen in south China's Guangdong Province is fast becoming the world's most dynamic hub for humanoid robotics.
Home to over 74,000 robotics firms and more than 140,000 AI professionals, Shenzhen is not only powering the city's robotics boom through its thriving innovation ecosystem but also transforming the way robots are developed from sensor-packed feet to ultra-sensitive skin.
One of the front-runners is UBtech, a leading robotics innovator headquartered in the city. Back in 2022, its humanoid robots were only capable of walking, writing calligraphy, and practicing tai chi. Today, they are deployed in dozens of smart factories, including those run by Geely, BYD, and Foxconn, handling repetitive tasks once done by humans.
This year, UBtech plans to roll out 1,000 humanoid robots across factory floors.
"Over the past 15 months, our industrial humanoid robots have progressed through three generations, with each iteration faster than the previous," said Michael Tam, chief brand officer of UBtech.
This rapid development cycle, known locally as "Shenzhen Speed," is driven by deep research and development capacity and an unparalleled supply chain.
In Nanshan District alone, dubbed Shenzhen's "Robot Valley," over 30 robotics companies operate along a 10-kilometer stretch of Liuxian Avenue.
"We can quickly find efficient solutions across the entire supply chain, all within one hour," Tam said.
Hardware innovation plays an equally critical role. At Sycsense Technology, robots are being equipped with precision sensors and LiDAR systems that enable them to handle fragile tasks, like picking strawberries without damage.
"Here, you can finalize a design by morning and get a sample by evening. This is 'Shenzhen Speed,'" said Sycsense CEO Xiong Gengchao.
The speed mentioned by Xiong is underpinned by Shenzhen's dense and mature electronics ecosystem. RoboSense, a major supplier of LiDAR technology, is located just 20 minutes away from hundreds of robotics firms it serves.
"Shenzhen's electronics ecosystem delivers twin advantages: suppliers next door slash production time by 50 percent, while daily collaboration with nearby innovators accelerates our R and D," said Xie Tiandi, marketing director of RoboSense.
The city's concentrated supply chains and R and D power have led to a surge in innovation. In 2024 alone, robotics patent filings and grants rose more than 35 percent from the previous year. The sector reached 201.2 billion yuan (about 28 billion U.S. dollars), up 12.6 percent year on year.
Shenzhen's robotics rise is the result of over a decade of investment from government funding to talent cultivation, all of which aimed at building a globally competitive, full-stack innovation ecosystem.
Today, Shenzhen produces one-third of the world's LiDAR systems. And thanks to the seamless pipeline from lab to factory, the city is sending the country's humanoid robots onto the global stage at a pace no one can match.
Shenzhen home to 74,000 robotics firms
