China's output of industrial robots increased by 34.6 percent year on year in August, the National Bureau of Statistics (NBS) said on Tuesday.
At a press conference in Beijing, Fu Linghui, spokesman for the NBS, noted that industrial production in China accelerated in August, with significant growth in equipment and high-tech manufacturing sectors.
"In August, China's equipment manufacturing industry and high-tech manufacturing industry grew rapidly, with the output of lithium-ion batteries, industrial robots and 3D printing equipment up by 57.2 percent, 34.6 percent and 29.9 percent, respectively," Fu said.
"In August, new growth drivers represented by high-tech manufacturing and digital product manufacturing contributed more than 60 percent to the growth of output of industrial enterprises (above designated size), playing a very prominent supporting and leading role. The actual application of new technologies such as embodied intelligence and human-machine collaboration boosted the rapid development of the robot industry, with output of robot reducers and industrial robots up by 11.4 percent and 34.6 percent, respectively," said Wang Guanhua, deputy director of the Department of Comprehensive Statistics of the NBS.
China's industrial robots output up 34.6 pct in Aug
China's industrial robots output up 34.6 pct in Aug
China's high-tech industry investment grew 5.2 percent year on year from January to August, as AI, electric vehicle batteries, and equipment upgrades drew increasing capital, said spokeswoman of the National Bureau of Statistics (NBS) Wang Guanhua at a press conference in Beijing on Tuesday.
"In the first eight months, high-tech industry investment rose 5.2 percent year on year, 0.2 percentage points faster than that in the January-July period. This marks the third consecutive month of cumulatively paced-up growth, indicating that, under the dual driven force of policy guidance and market demand, local governments are stepping up efforts to develop emerging and future industries, and the trend of investment focusing on new growth areas is becoming increasingly evident," she said.
"By sector, rapid growth in core AI technologies and application demand has driven companies to increase investment in related industrial chains. Investment in the electronic specialty materials manufacturing and integrated circuit manufacturing sectors rose 8.5 percent and 12.0 percent, respectively. Meanwhile, the expansion of the new energy vehicle industry, combined with strong market demand for energy storage, drove investment in lithium-ion battery manufacturing up 20.6 percent," she said.
In addition to the sector breakdown, Wang pointed to the continued effects of the large-scale equipment renewal policy.
"Meanwhile, the effects of the large-scale equipment renewal policy continued to show, with enterprises more willing to upgrade equipment and accelerate transformation. In the first eight months, investment in equipment purchases rose 9.3 percent year on year, 0.3 percentage points higher than that in the January-July period, accounting for 19.5 percent of total investment," said Wang.
China's high-tech investment up 5.2 pct
