China to Build Humanoid Robots by 2025

The country aims to produce its first humanoid robots by 2025, according to a blueprint laid out by the Ministry of Industry and Information Technology. The government will nurture more young companies focused on the field, set industry standards, develop talent and deepen international cooperation.

Shares of Chinese robotics companies surged after the policy guidance, which adds another dimension to a technological race between the world’s two biggest economies in chips and hardware. US companies such as Tesla Inc. and Boston Dynamics have so far enjoyed an edge in the technology.  READ MORE...