Shanghai-based CloudMinds Robotics is one of the Chinese companies trying to get a foothold in the healthcare and elderly care sectors. China is projected to have about 310 million people aged 60 or above by 2035.

CloudMinds is in the process of developing a mobile humanoid robot scheduled to be debuted by 2025, said Wang Bing, co-founder of the company.

Equipped with more than 60 intelligent flexible executors, the robot will be capable of walking on two legs and have the movements and flexibility of a human. This should enable it to do tasks such as helping senior people go up and down stairs.

The company has already launched a humanlike robot with two moving hands that can provide services related to elderly care and cleaning, as well as education and scientific research.