Description
The data is published by the China Robot Industry Alliance (CRIA) and measures the annual growth rate of cumulative sales of domestically produced industrial robots in China. This indicator serves as a crucial reference for assessing the development of China's industrial robotics industry and technological advancements. A higher growth rate signifies strong industry expansion and technological progress, while a lower or negative growth rate may indicate a slowdown or challenges in the sector.
Broadly speaking, an industrial robot is an automatically controlled, reprogrammable, and multifunctional manipulator or multi-joint robot used in production activities. It can perform various tasks in industrial automation, either in a fixed position or with mobility.
The annual growth rate is calculated by comparing the cumulative sales of domestically produced industrial robots for the current period with the same period of the previous year. The relevant data is collected from domestic manufacturers across China and compiled by the National Bureau of Statistics.
This data is typically updated on a monthly basis, reflecting sales performance as of the end of the previous month.