Bank China Disburses Jumbo Capital, Humanoid Robot Getting Closer to the Real World

JAKARTA - China's financial sector is beginning to enter deeper into the humanoid robot industry. Banks and insurance companies are expanding support through loans, investments, bond financing, to risk protection so that robotics companies can grow faster.

China Daily, quoted Thursday, June 11, reported that financial support for technology companies in China continues to grow. Data from the People's Bank of China showed that 294,600 high-tech companies had received loans by the end of the first quarter. The credit approval rate reached 58.6 percent.

The outstanding loan value for high technology companies reached 20.96 trillion yuan or about 3.09 trillion US dollars. The figure was up 13.6 percent from the previous year.

China's six largest state-owned commercial banks are the main backers. By the end of 2025, the total technology loans from the six banks exceeded 23 trillion yuan.

This support is important because the humanoid robot business is not a cheap business. Companies in this sector need large research and development costs. The technological barrier is high. Many companies also do not have large physical assets to be used as collateral.

Most robotics startups hold more intangible assets, such as patents and intellectual property rights. Many companies have strong technology, but do not have the collateral that banks usually ask for.

China's big banks then tried a new approach. They provided a combined service, ranging from stock investment, loans, bond financing, to insurance. The goal is to accompany technology companies from the research stage to production.

Industrial and Commercial Bank of China or ICBC provides financial support to Beijing Galbot Co. This company develops a versatile robot based on a large multimodal and embodied AI model, namely AI that is implanted in physical devices such as robots. The technology is driven to be able to get out of the laboratory to large-scale production.

ICBC's subsidiaries also invested in Galbot last December. The long-term capital was used to strengthen governance and industry cooperation.

Another example comes from Zhejiang Hechuan Technology Co or HCFA. The industrial automation company is developing humanoid robots, but is facing funding pressure as research and product updates are fast.

China Construction Bank's Longyou branch then provided HCFA with a credit facility of nearly 200 million yuan. The support helped the company continue its research and commercialization.

The Qinglong Lite humanoid robot, which was developed jointly with HCFA, appeared at the 2025 World Artificial Intelligence Conference in Shanghai. The robot also took part in a casual run in Longyou, Quzhou, in March.

Banking support also entered the capital market. Manycore Tech, a Hangzhou-based spatial intelligence company, was listed on the Hong Kong Stock Exchange on April 17. Spatial intelligence is the ability of a system to understand space, position, and objects. This technology is used to support embodied AI and robot training.

Bank of China and its units provide credit services, cross-border cash management, IPO fund services, and underwriting, i.e. services to help issue shares during IPOs. CCB International is also one of the main parties in the IPO process of Manycore Tech.

According to China Daily, the Manycore Tech credit application process at CCB Zhejiang was completed in just 10 working days. The bank also provides wealth management services and special unsecured loans for the company's employees.

Wu Zewei, a contract researcher at Jiangsu Su Merchants Bank, said that the competition for technology financing in the future will be determined by the depth of understanding of the industry. Banks are not enough just to lend. They must also be able to provide equity financing, merger and acquisition consulting, and supply chain coordination.

Humanoid robots are also starting to enter bank services. ICBC is developing a humanoid robot assistant for lobby managers. The robot can greet customers, provide service information, and help fill out documents.

In July 2024, China Construction Bank cooperated with Beijing Runze Zhiyuan Technology and Fourier to build China's first humanoid robot training center for bank lobby services in Pudong, Shanghai.

Researcher at the Beijing Academy of Social Sciences, Wang Peng, quoted by China Daily, said humanoid robots will handle more customer services, such as opening a self-service account, checking transactions, and consulting.

The insurance industry also got involved. Humanoid robots need repeated trials before they are mature. In the process, the risk of damage to the device, accidents, third-party injuries, and property damage needs to be borne.

Since the second half of 2025, property and major accident insurance companies in China have begun to expand insurance products for humanoid robots. The focus is on equipment damage protection and third-party liability.

However, the challenge is not small. Data on the risks of humanoid robots is still limited. The technology is changing rapidly. The risk profile is also complicated. Analysts assess that the technology industry, research institutions, and the insurance sector need to strengthen data sharing and common standards, while maintaining data security and privacy.