Minister of Commerce Wang Wentao: Robotics Industry Thrives, with Some Manufacturers Achieving Over 60% Localization in Supply Chains
3 week ago / Read about 0 minute
Author:小编   

In an article featured in the magazine Qiushi, Wang Wentao, the Minister of Commerce, highlighted that China boasts robust supply capabilities across its entire industrial spectrum. This enables the optimization of domestic circulation and drives external circulation, providing a solid foundation for high-level international openness. China's comprehensive industrial system encompasses all categories listed in the United Nations Industrial Classification and comprises over 200 mature industrial clusters. Notably, the industrial clusters in the Yangtze River Delta region are advancing in unison, fostering a "4-hour industrial circle" in the realm of new energy vehicles. The robotics industry, supported by a mature supply chain and a comprehensive industrial ecosystem, is experiencing robust growth. Specifically, some manufacturers have achieved a localization rate of over 60% in their supply chains. Furthermore, China possesses strong industrial supporting capabilities, complemented by efficient and seamless logistics and data transmission networks. These advantages across the entire industrial chain contribute to cost reduction, efficiency enhancement, competitiveness boost, and an increase in the attractiveness of global factor resources.