China is rapidly advancing its humanoid robot development, highlighted by the recent World Robot Conference in Beijing, where innovative and cost-effective designs were showcased.

Premier Li Qiang emphasized the robot industry's potential as a key indicator of technological innovation and manufacturing strength, recognizing its vast market opportunities.

Over the past decade, China has invested more than $14 billion into the robotics sector, demonstrating its commitment to technological advancement.

Analysts point to China's robust supply-chain integration and mass production capabilities as significant advantages in the global robotics landscape.

The global market for humanoid robots is projected to reach $38 billion by 2035, with China's share expected to grow significantly, reaching 870 billion yuan by 2030.

Tesla's Optimus robot is influencing competition in China, similar to the 'catfish effect' seen in the electric vehicle market, driving innovation and rivalry among local companies.

AI-driven humanoid robots are anticipated to work alongside humans, particularly in hazardous or labor-intensive environments, enhancing safety and efficiency.

Currently, humanoid robots deployed in factories are operating at 20 percent efficiency, with expectations to improve to nearly 100 percent within the next two years.

Agribo plans to begin delivering its robots to customers in October, marking a significant step in the commercialization of humanoid robotics.

Wisson Technology is innovating with 3D-printed plastics and pneumatic artificial muscles for its robotic arms, significantly reducing costs and enhancing flexibility.

The embodied AI robot 'Tiangong' demonstrated advanced interaction capabilities, engaging in conversation and handling tasks, showcasing the potential for more sophisticated humanoid robots.

Despite the optimism surrounding humanoid robots, industry leaders express concerns about their current immaturity and the challenges related to cost-effectiveness and labor reduction.