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Home > News > Industry Activities > Shenyang City to set 20 billion industrial fund for Robot Industry

Shenyang City to set 20 billion industrial fund for Robot Industry

By CFM , 2016-02-22 10:28:40

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As one of the most crucial industrial robot production base in China, Shenyang City in recent days unveiled a series of policies, involving an industrial fund of 20 billion CNY that supports the development of Robot Industry.
Based on the statistics from China Robot Industry Alliance, China has become the largest robot consumption market across the world for the second year in succession since 2013, taking a quarter of the global sales of robots. It was expected that China would be the largest country in the aspect of applying robots.
In 2015, Shenyang City has its relative sales of robot business exceeded 5 billion CNY, 30% increased comparing with that of 2014; while its robot products took over 20% of the shares in China’s industrial robot market.

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