Russian media: the development of manipulators is the only guarantee for the leading position of China's industry

Russian Interfax news agency December 10 article, original title: robots will replace Chinese        The Chinese labor force, which has always been known for its large quantity and low price, is no longer "cheap". Accelerating the development of industrial robots is the only way to maintain China's leading industrial position. Morgan Stanley Bank has found a cure for China's economic slowdown and loss of competitiveness, using industrial robots instead of labor. Industrial mechanization is a great impetus to promote the virtuous circle of Chinese industry, and this move will also greatly ease the social problems brought about by the aging of China's population. At present, the Chinese economy is clearly not in the best shape, and the country is gradually losing its most important competitive advantage - cheap labor. Despite the increase in wages and the improvement of the working environment, experts predict that due to the impact of the family planning policy, the Chinese labor force will continue to shrink in the next few years. Experts pointed out that China must enter the era of robot production. First, in recent years, China’s labor wages have increased at a faster rate, and strikes everywhere are not uncommon. Second, social and demographic problems have intensified. The "vigor" of China's labor force has declined, and the phenomenon of "returning to the countryside" has appeared. Many laborers are no longer willing to leave their hometowns to work in big cities. At the same time, the phenomenon of China's aging population has increased. Morgan Stanley experts believe that these status quo will prompt Chinese companies to enter the era of industrial mechanization. They pointed out that the same situation occurred in Japan and South Korea between 1970 and 1980. Experts predict that the output value of China's industrial manipulator market will increase from today's 1.2 billion US dollars to 6 billion US dollars by 2020, and China will soon enter a new stage of industrial production.