China's Robotics Surge

China installed 300k industrial robots in 2024, surpassing all others and exceeding 2M in use.
Surge from 2015 Made in China 2025 strategy to tackle labor costs, aging population, and global competition.
Chinese factories use 'dark factories' with robots.
Domestic suppliers captured 57% of home robotics market with $1.9T state-led lending.
US installed 34,200 robots, far behind China, prompting calls for faster regulatory action.
China's rapid automation strengthens global manufacturing dominance, raising job impact concerns.
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