China robotics giant eyes cooperation, investment in Turkey

ALI ÜNAL @ali_unal
Published 25.09.2017 19:23

As China looks to become a global leader in robotics and automation, Zhejiang Qianjiang Robot Co. Ltd., one of the country's leading industrial robot manufacturers, is looking to improve cooperation and increase investments in Turkey, company Chairman Helin Chen has said.

Speaking to a group of Turkish journalists on Sept. 24 at a China Radio International (CRI) event, Chen said: "We would like to increase our cooperation and investments in [Turkish] companies, in line with the One Belt One Road (OBOR) project."

"We are open to all kinds of cooperation and investment opportunities in Turkey."

He underlined that Zhejiang Qianjiang was also prepared for technology transfer to Turkish companies.

"China and Turkey are completing each other in the global market and our motto is to serve all our consumers across the globe," he said.

China's robotics industry is booming with thousands of local companies entering the industrial and service robotics market over the recent years.

In 2016, annual sales of industrial robots reached the highest level yet, with 87,000 units sold. This figure indicates a 27-percent increase compared to previous years.

China currently has 340,000 units of industrial robots, the highest in the world.

In the global market, Chinese robot manufacturers increased their market shares to 31 percent in 2016, a 120-percent rise from 2015.

Amid the Chinese government's aims to transform China from a low-cost, labor-intensive manufacturing giant to a technology-based global manufacturing power, Beijing has implemented a 10-year national plan called, "Made in China 2025."

The vision includes goals to strengthen Chinese robot suppliers and increase their share in the local and international market.

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