Media365
The 35-year-old Wang shared his assessment of the industry at a government-hosted press conference in Beijing, where he forecast China’s robotics sector would expand at a rapid pace this year.
He added that Unitree – one of the six “Little Dragons” from tech hub Hangzhou, capital of eastern Zhejiang province – had significantly increased deliveries in the first half of the year.
China’s output of industrial robots surged 35.6 per cent from a year earlier to 369,316 units in the first six months of 2025, while production of service robots rose 25.5 per cent to 8.8 million units, according to data released on Monday by the National Bureau of Statistics.
In the same month, the company achieved unicorn status – referring to when a start-up’s valuation exceeds US$1 billion – after it completed a new funding round, with backers that included Alibaba Group Holding and fintech affiliate Ant Group, Tencent Holdings, carmaker Geely and ByteDance-linked Jinqiu Capital. Alibaba owns the Post.
