China's Robot Industry Gets Policy Boost and Funding Surge
Today's EAF Daily highlights a pivotal moment for China's robotics sector. Hunan Province unveiled a comprehensive plan to boost the intelligent robot industry, targeting 100B yuan revenue by 2028, signaling strong regional government support. Meanwhile, MIFeng Technology raised hundreds of millions in funding led by China Telecom, fueling embodied AI data services.
In industry news, deep dives reveal how China's embodied AI companies spent 96B yuan raised in a year, contrasting Unitree's lean R&D with UBTECH's heavy losses. Galbot teased its new ET1 humanoid robot, and PaXiniTech deployed robots at First Farm stores. JD.com opened its first 24-hour smart unmanned coffee shop in Beijing. On the global front, robotic rehabilitation systems are transforming stroke recovery.
Financially, Zhongwei Semiconductor reported a 98.48% net profit surge in H1 2026, driven by AI and robotics demand. As policy and capital converge, China's robotics ecosystem is poised for accelerated growth, but smart spending remains key to sustainable innovation.