Industrial Robotics

China's blueprint to crush the U.S. robotics industry

By CNBC.com

Sep 08, 2017

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About four years ago Jeff Burnstein attended his first China International Robotics Show, the annual Shanghai-based expo now in its seventh year. At the time, Burnstein, president of the Robotic Industries Association, a Michigan-based trade group, wasn't impressed. He said he walked around the show and thought many of the robots on display looked like copies of what American companies were already doing.

In today's China a different picture is taking shape, courtesy of a blueprint known as the Made in China 2025 plan. Announced in 2015, the initiative is China's massive government-backed push to be a world leader in a number of high-tech industries.

Read the full story at cnbc.com.