Shanghai, the Pearl River Delta and other regions set up robot industry funds to promote investment attraction

In addition to Suzhou and Beijing, Shanghai and the Pearl River Delta are also actively promoting investment attraction by setting up robot industry funds to attract more investment. In January 2024, the Beijing Robot Industry Development Investment Fund with a target scale of 10 billion yuan was launched in Beijing Yizhuang. The fund aims to support the development of the local robot industry. At the end of May 2024, Wuzhong District, Suzhou, led by Wuzhong Financial Holdings, jointly established the Wuzhong District Robot Industry Fund with a total scale of 10 billion yuan in cooperation with United Nations Development Venture Capital, Inno Angel, Wofu Venture Capital, Green Harmonic, Ecovacs, and Dreame Technology to promote investment attraction.