Sales of industrial robots in China rise 16% from 2014
Sales of industrial robots in China have risen to 66,000 units, up by 16% from 2014, according to the International Federation of Robotics. However, industry experts believe that many domestic companies have obtained large amounts of local government subsidies through deceit or illicit connections, leading to a 'subsidies-driven bubble". The number of robotics companies has grown from hundreds to more than 3,400 over the last few years, with many either losing money or barely profitable.

The robotic astronaut "Xiaotian" seen at the 17th China International Industry Fair in Shanghai in November 2015. Photo: Xinhua