{"id":204329,"date":"2025-04-29T13:47:59","date_gmt":"2025-04-29T13:47:59","guid":{"rendered":"https:\/\/ibkrcampus.eu\/campus\/?p=204329"},"modified":"2025-05-01T09:48:06","modified_gmt":"2025-05-01T09:48:06","slug":"jh-explorer-in-china-will-humanoid-robots-be-the-countrys-next-industrial-breakthrough","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/jh-explorer-in-china-will-humanoid-robots-be-the-countrys-next-industrial-breakthrough\/","title":{"rendered":"JH Explorer in China: Will humanoid robots be the country\u2019s next industrial breakthrough?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Originally posted, April 28, 2025 &#8211; <a href=\"https:\/\/www.janushenderson.com\/en-ie\/investor\/article\/jh-explorer-in-china-will-humanoid-robots-be-the-countrys-next-industrial-breakthrough\/\">JH Explorer in China: Will humanoid robots be the country\u2019s next industrial breakthrough?<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Head of Greater China Equities, Victoria Mio explains why she is feeling excited about the long-term investment potential of humanoid robots.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The JH Explorer series follows our investment teams across the globe and shares their on-the-ground research at a country and company level.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I recently went on a field trip across Shenzhen, Suzhou, and Hangzhou to visit some of the &nbsp;most dynamic players in the humanoid robot supply chain. What I witnessed first-hand convinced me that humanoid robotics could be China\u2019s next big industrial story \u2014 one with huge implications for global innovation, productivity, and investment opportunities.<br>As NVIDIA CEO Jensen Huang said recently: <em>\u201cThe easiest robots to adapt into the world are humanoid robots because we built the world for us.\u201d<\/em> Humanoid robots are poised to revolutionise many industries, doing the jobs humans can\u2019t or won\u2019t do. From manufacturing to healthcare, logistics to hospitality, the applications are limitless.<br>Humanoid robots: hype or vibe?&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>The buzz around humanoid robots isn\u2019t just market hype. Year-to-date, Chinese humanoid robot-related stocks have outperformed broader Chinese equities.<sup>1<\/sup> This excitement stems from a shared belief among Chinese investors and industry players that humanoids may become the next widely-adopted terminal device after smartphones and electric vehicles. Further, 2025 marks the year of the beginning of mass production of humanoid robots in China.<br>What investors need to know about China\u2019s humanoid robots industry<br><strong>1. A comprehensive humanoids ecosystem is being built in China<\/strong><br>China\u2019s humanoid robot supply chain is taking shape fast. Many Chinese companies have begun ramping up mass production and speeding up the training of humanoid robots, targeting both industrial and consumer use. These are not just prototypes in labs. While their capabilities are still basic, they are improving fast, with trial deployments. In the next few years, we are likely to see operational humanoids working in security, logistics, retail, and hospitality.<br>Figure 1 shows the projected sales volumes based on Tesla and other industry participants, but it will require a far more detailed analysis of job stratification to understand the path of humanoid robot substitution. Job stratification looks at the extent to which upward\/downward occupational mobility is unlikely\/likely for workers in low-paid occupations, relative to workers in high-paid occupations. We also need to factor in the speed of innovation and penetration within industries.<br><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"984\" data-src=\"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/04\/001-1-1100x984.jpg\" alt=\"Projected global shipments of humanoid robots, predicted to increase, steeply from 500,000 to above 8,000,000 between 2030 and 2040\" class=\"wp-image-204330 lazyload\" data-srcset=\"https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/04\/001-1-1100x984.jpg 1100w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/04\/001-1-700x626.jpg 700w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/04\/001-1-300x268.jpg 300w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/04\/001-1-768x687.jpg 768w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/04\/001-1-1536x1374.jpg 1536w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2025\/04\/001-1.jpg 1728w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/984;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Past performance is not indicative of future results. <br><br><br><strong>2. China\u2019s strong strategic policy support<\/strong><br>Beijing has made humanoid robotics a strategic priority. In January 2024, China\u2019s Ministry of Industry and Information Technology (MIIT) issued the <em>\u2019Guidelines for the Innovative Development of Humanoid Robots,\u2019<\/em>\u00a0 laying out a roadmap for industrial innovation. The ambition is clear: China aims to be a \u201cglobal centre of excellence\u201d for robotics by 2029.<br>By early 2025, more than \u00a0ten provinces and cities, including Beijing, Shandong, and Shenzhen, have incorporated humanoid robotics into their local economic plans. China is fostering humanoid-focused industrial clusters, especially around Shenzhen and Hangzhou.<br>Why does this matter? Humanoid robots are viewed as a next-generation strategic sector that combines China\u2019s strengths in AI, semiconductors, batteries, sensors, and advanced materials\u2014similar to how it built global competitiveness in electric vehicles (EVs) and solar energy.<br><strong>3. B2B first, consumers later<\/strong><br>The initial humanoid market is going to be industrial, covering factory automation, warehouse logistics, surveillance &amp; patrol, retail &amp; hospitality services, and emergency operations. For example, Unitree announced its humanoid robot G-1 at just US$16,000, much cheaper than Tesla\u2019s Optimus prototype (circa US$ 50,000\u201360,000). While performance varies, cost is coming down fast.<br>Current challenges include insufficient data collection, short battery life, low degrees-of-freedom, and limited strength\u2014but as with autonomous driving, gradual iterative hardware\/software upgrades will enhance capabilities and improve performance. Meanwhile, consumer applications such as home assistants and eldercare may take longer due to safety, regulation, and complex home environments \u2014\u00a0but they are not out of reach.<br><strong>4. AI &amp; humanoid robots: a feedback loop required<\/strong><br>Robots need brains\u2014meaning AI. But here\u2019s the interesting twist: humanoid robots also generate real-world, multi-modal data (vision, force, touch) that can train better AI models, making the algorithms more accurate and robust, forming a self-reinforcing cycle.<br>This is why China\u2019s AI developers\u2014including those working on large language models (LLMs) like DeepSeek\u2014see humanoid deployment as a key next step to enrich data pipelines and improve model performance.<br><strong>5. Dual-use technologies: NEV + Robotics<\/strong><br>Many new energy vehicle (NEV) component makers (eg. motors, sensors, reducers) are now entering humanoid robot supply chains, creating investment synergies. For example:<br><strong>Servo motors &amp; reducers<\/strong> used in EVs and robots<br><strong>LIDAR (light detection &amp; ranging) &amp; cameras<\/strong> serving both autonomous driving and humanoid vision<br><strong>AI chips<\/strong> used in robot motion control<br>Empty heading<br>Why does this sector offer long-term opportunities?<br>The age of humanoid robots is arriving. This is a strategic combination of deep tech with real hardware, strong policy backing, growing commercial interest, and global relevance.<br><strong>1. Market potential<\/strong>: Humanoids are still early in the adoption curve. Estimates suggest humanoid robot shipments could reach a million units by 2030. Investors have a chance to get onboard early on a megatrend.<br><strong>2. China has formed a strong ecosystem<\/strong>: From actuators and harmonic reducers to AI chips and full-stack integrators, China holds a dominant share in the value chain. The West\u2019s humanoid portfolio beyond Tesla and NVIDIA remains thin.<br><strong>3. Government-led modernisation<\/strong>: As part of its 14<sup>th<\/sup> Five-Year Plan and Retail Innovation Blueprint (to 2029), China is doubling down on automation and robotics to offset an aging population and improve productivity.<br><strong>4. Lower barriers to entry<\/strong>: With decreasing component costs and increased standardisation, even small and mid-cap companies in China are able to participate, creating a wider investable universe.<br><strong>5. Shared technology with NEVs<\/strong>: There are strong synergies between humanoid robots and NEVs. Both share core technology: sensors, batteries, control systems, which \u00a0enables cross-industry cost efficiency.<br><strong>Multiple opportunities to invest in humanoid robotics:\u00a0<\/strong><br><strong>Brain<\/strong> \u2013 the semiconductor and software companies that design the brain of the humanoid robots;<br><strong>Body<\/strong> \u2013 the companies that produce the components for the robot body, such as motors, sensors, reducers;<br><strong>Integrators<\/strong> \u2013 the humanoid OEMs that put everything together to develop the full humanoid robots.<br>As I walked through the robot labs and production lines, I couldn\u2019t help but recall what one engineer told us:<br>Humanoid robots are not science fiction anymore. They are industrial reality, just in early form.<br><sup>1<\/sup> Select humanoid robot stocks vs MSCI China Index, year-to-date to 25 April 2025. <strong>Past performance does not predict future returns.<\/strong><br><br><br>\u00a0<br>\u00a0<br><strong>These are the views of the author at the time of publication and may differ from the views of other individuals\/teams at Janus Henderson Investors. References made to individual securities do not constitute a recommendation to buy, sell or hold any security, investment strategy or market sector, and should not be assumed to be profitable. Janus Henderson Investors, its affiliated advisor, or its employees, may have a position in the securities mentioned.<\/strong><br>\u00a0<br><strong>Past performance does not predict future returns. The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested.<\/strong><br>\u00a0<br><strong>The information in this article does not qualify as an investment recommendation.<\/strong><br>\u00a0<br><strong>There is no guarantee that past trends will continue, or forecasts will be realised.<\/strong><br>\u00a0<br><strong>Marketing Communication.<\/strong><br>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Originally posted, April 28, 2025 &#8211; JH Explorer in China: Will humanoid robots be the country\u2019s next industrial breakthrough? Head of Greater China Equities, Victoria Mio explains why she is feeling excited about the long-term investment potential of humanoid robots. The JH Explorer series follows our investment teams across the globe and shares their on-the-ground [&hellip;]<\/p>\n","protected":false},"author":1242,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[152,146,8,12,148,7],"tags":[3244],"contributors-categories":[],"class_list":["post-204329","post","type-post","status-publish","format-standard","category-europe-middle-east-africa","category-macro","category-region","category-securities","category-text-articles","category-traders-insight","tag-humanoid-robots"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>JH Explorer in China: Will humanoid robots be the country\u2019s next industrial breakthrough?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.eu\/campus\/wp-json\/wp\/v2\/posts\/204329\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JH Explorer in China: Will humanoid robots be the country\u2019s next industrial breakthrough?\" \/>\n<meta property=\"og:description\" content=\"Originally posted, April 28, 2025 &#8211; JH Explorer in China: Will humanoid robots be the country\u2019s next industrial breakthrough? 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