China's companion robot market is experiencing rapid growth, driven by the country's aging population and the increasing demand for eldercare. The market is expanding to become a significant growth driver, with potential applications beyond eldercare, such as child companionship, educational tutoring, and psychological intervention. The market is also attracting major players like UBTECH Robotics, which has unveiled a line of full-size ultra-bionic humanoid robots designed for mass production. However, the industry is facing challenges such as user data privacy and leakage, ethical norms for human-robot interaction, and the risk of addiction. To address these issues, the China Humanoid Robot 100-Member Association has issued a development initiative calling for the industry to advance in an orderly manner, with human well-being as the core goal and safety, ethics, and privacy protection integrated throughout the product lifecycle. In my opinion, the companion robot market in China is a fascinating and rapidly evolving field, with the potential to revolutionize eldercare and other high-interaction scenarios. However, it is important to carefully consider the ethical and social implications of this technology and ensure that it is developed and deployed responsibly.