China is ramping up its focus on robotics and AI with a new state-backed venture capital fund aiming to attract nearly 1 trillion yuan ($137.8 billion) over 20 years.

This initiative supports China’s dominance in industrial robotics, where it now accounts for over half of global installations and has surpassed Germany and Japan in robot density.

The government is prioritizing humanoid development as a key driver of economic growth, with major companies like Xpeng Motors investing billions, the Robot Report has reported.

Experts warn that Europe and the U.S. must act aggressively to stay competitive in the evolving robotics landscape.

Written by B.C. Begley