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China State Planner Urges Humanoid Robot Firms to Avoid Repetitive Products

Summarized by NextFin AI
  • China's National Development and Reform Commission (NDRC) warns humanoid robot makers against producing repetitive products, as this could hinder genuine research and development efforts.
  • Over 150 companies are currently engaged in humanoid robot development in China, highlighting the rapid growth of this frontier industry.
  • Li Chao emphasized the need to manage risks associated with speed and speculative bubbles in the growth of emerging technologies.
  • The NDRC is also advocating for the expansion of REITs to facilitate investments in urban renewal projects, including infrastructure and commercial facilities.

China’s top economic planner has called on domestic humanoid robot makers to avoid flooding the market with repetitive products, warning that such duplication could crowd out genuine research and development.

Li Chao, spokesperson for the National Development and Reform Commission (NDRC), said at a Thursday press briefing that China now has more than 150 companies developing humanoid robots. He cautioned that speed and speculative bubbles remain persistent risks in the growth of frontier industries and must be carefully managed.

Separately, Li said the NDRC is pushing to expand the use of REITs to support investment in urban renewal projects, including infrastructure, hotels, sports venues and commercial office facilities.

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