China Accelerates Humanoid Robot Development to Rival Tesla

Chinese firms showcase advanced factory-ready robots at World Robot Conference, aiming to lead global market by 2035.

Over two dozen Chinese companies presented humanoid robots designed for industrial use.
The Chinese government supports the industry with $1.4 billion state-backed funds from Beijing and Shanghai.
Tesla's Optimus robot faces competition from Chinese models with advanced capabilities.
Goldman Sachs projects a $38 billion global market for humanoid robots by 2035.
Challenges include high production costs and the need for extensive data to train AI systems.