Chinese real estate giant Country Garden will place its main focus on property, agriculture and robotics, said Yang Guoqiang, chairman of the board of directors, Yicai.com reported.
The company has already set up a subsidiary called Bozhilin, which specializes in robot research, and Yang thinks it is just a matter of time before “robots build a house.”
“We are aiming to be a high-tech enterprise in terms of building houses, and also property management,” said Yang.
Meanwhile, following the cooling of the housing market, Yang believes the real estate industry will still experience a 10-trillion-yuan market per year, as the process of China’s urbanization and modernization remain unstoppable.
In 2018, Country Garden topped the list of home sales with 728.69 billion yuan.