Ant Group, the Alibaba-linked fintech giant, has entered the humanoid robot industry, joining other major Chinese technology firms investing in this rapidly expanding field. The company has begun hiring for robotics-related positions through its subsidiary, Shanghai Ant Lingbo Technology, which was established in late 2024 with registered capital of 100 million yuan ($13.73 million).
The Chinese government has identified humanoid robots as a key driver of economic growth and technological competition with the United States.
Several Chinese companies are advancing in the humanoid robotics sector, with firms like UBTech and Unitree gaining attention for their cutting-edge designs. Unitree has showcased robots capable of walking, climbing, and carrying loads, further fuelling interest in the sector.
President Xi Jinping recently highlighted the importance of the industry by giving Unitree's founder a front-row seat at a private sector meeting.
Large Chinese corporations are exploring humanoid robotics through direct research or investment. Xiaomi has been developing robots since at least 2022, launching its CyberOne model, while Tencent has supported the industry through strategic investments, such as its 50 million yuan backing of Shenzhen-based Leju Robot in 2018.
As interest in robotics accelerates, China is positioning itself as a global leader in the field.