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China's Eight Ministries Issue Action Plan to Promote Smart Home Consumption, Encourage Manufacturers to Strengthen Product R&D
2026-09-14 15:36:04 China's Ministry of Commerce and seven other departments issued the "Action Plan for Promoting Smart Home Consumption", which mentioned expanding the supply of high-quality smart home products. In conjunction with advancing the cultivation and opening of full-industry-chain digital home scenarios, manufacturers are encouraged to strengthen research and development of smart home products. Support will be given to home furnishing malls and shopping centers to establish smart home experience centers, whole-home intelligence and digital home model rooms. The plan also calls for accelerating the cultivation of a group of large home decoration enterprises and platforms with integrity and standardized services, launching personalized and diversified renovation packages, and vigorously developing customized, order-based and reservation-based services. Efforts will also be accelerated to build a batch of smart home software and hardware products and integrated solutions based on domestic open-source operating systems. In accordance with the deployment of the 2026 consumer goods trade-in policy, local governments will be supported in reasonably determining subsidy categories and standards for smart home products based on local conditions, while coordinating support for purchases of whole-home smart home systems. The plan also promotes age-friendly products such as household service robots, health monitoring and smart care products. Enterprises are guided to implement age-friendly designs in areas including product size, ease of operation, dialect recognition and safety performance, enriching the supply of age-friendly smart home products and home renovation services. It also promotes certification of silver economy products in the age-friendly smart home sector. Financial institutions are encouraged to develop diversified consumer finance products and services around home furnishing and renovation consumption demand. Authorities will make good use of fiscal interest subsidy policies for personal consumer loans to guide financial institutions to increase loan support for smart home consumption and actively support consumers in purchasing related smart home products. (jl/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |