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Shenzhen home to 74,000 robotics firms

China

China

China

Shenzhen home to 74,000 robotics firms

2025-06-24 23:23 Last Updated At:23:37

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

Shenzhen home to 74,000 robotics firms

Chinese stock markets have wrapped up a buoyant first week of 2026, with the Shanghai Composite up close to 3 percent since Monday, hitting a decade high, according to China Global Television Network's financial market analyst Timothy Pope on Friday.

Chinese stocks closed higher on Friday, with the benchmark Shanghai Composite Index up 0.92 percent to 4,120.43 points.

The Shenzhen Component Index closed 1.15 percent higher at 14,120.15 points.

"The markets have wrapped up a very buoyant first week of the year, with the Shanghai Composite up close to 3 percent since Monday, and 0.9 percent today alone, taking it to a fresh decade high. I feel like I've already used those words a lot this week. The Shenzhen Component added almost 1.2 percent today, also had a very good day. Today the market got some welcome news in the latest inflation data, showing consumer prices rose to a three year high in December. The CPI was up 0.8 percent with particularly big jumps in the price of foods, so fresh vegetables and beef in particular, that's according to the National Bureau of Statistics, but both signs of easing consumer deflationary pressure, was definitely welcomed by the market, as was signs in the producer price index, that was responding to the governments campaign against involution, is starting ease pressures there," said the analyst.

"But it has been pointed out by market analysts that investors are still favoring non-consumer facing sectors when it comes to equities at the moment, so some of that is coincidental, some of it's not. Investors are still chasing metals stocks, in particular, gold miners still riding high on Friday despite a drop in the price of spot gold. But in China we have actually seen the gold bullion trading at a huge premium this week, more than 20 dollars above the global spot price this week, with interest in bullion only growing in the new year. And that's been reflected in equities. But most sectors trading higher today, we saw the big exception being financial stocks, so there was some profit taking on the big banks and insurers after some gains earlier in the week," he said.

China stock markets wrap up buoyant first week of 2026: CGTN market analyst

China stock markets wrap up buoyant first week of 2026: CGTN market analyst

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