China’s tech push is trying to reaffirm its global factory advantage
At a factory in northern China, workers are busy testing automatic vehicles designed to move bulky items within industrial spaces. This is one of the new generation robots Beijing wants to shift its country’s manufacturing to the top of the value chain. The Tianjin-based manufacturer of robots is receiving tax cuts and government-guaranteed loans to modernize China’s vast factory sector and build products that enhance its technical expertise. “The government is paying great attention to the manufacturing industry and the real economy, and you can feel it,” said Ren Ji-young, general manager of Tianjin Langu Robot, when he took a guided tour of the factory to Reuters. “.