Recently, Beijing Robot Industry Development Investment Fund with a target size of CNY 10 billion was registered in Beijing Economic-Technological Development Area. This move will empower Beijing to build a world-leading development hub for the humanoid robotics industry.

As a major hub of the city's robotics industry, Beijing Economic-Technological Development Area currently houses 110 robotics enterprises, forming a complete industry chain system for robots. Meanwhile, it is building a domestically-leading technology innovation driver for robotics, a high-end manufacturing cluster, a new hub for integrated application and a demonstration area of the industrial ecosystem. By 2025, the output value of the robotics industry in Beijing Economic-Technological Development Area is expected to reach CNY 10 billion.

(Source: Beijing Daily)