According to Amac News, Their total registered capital was also reported to be 6.44 trillion yuan (about 880 billion U.S. dollars), according to the People's Daily Online. The data was provided by the State Administration for Market Supervision.
According to the newspaper, 80 percent of these companies are concentrated in three sectors: research and technology services, information transmission and software and IT services, and wholesale and retail.
The eastern region of the country, with its unique geographical advantages, strong R&D strength and solid industrial ecosystem, has become the main hub hosting about two-thirds of smart robot industry companies in China.