Nine Government Departments Jointly Issue Smart Home Consumption Action Plan
Crhk · 2 SOURCES1 day ago2 MIN
Summary
China's Ministry of Commerce, alongside the National Development and Reform Commission, Ministry of Industry and Information Technology, and six other government departments, jointly issued the Smart Home Consumption Action Plan on Monday (September 14) . The policy aims to boost domestic consumption and support the 2026 consumer goods trade-in program by allowing local governments autonomy in determining subsidy categories and standards for smart home products .
Key Points
- Nine government departments jointly issued the Smart Home Consumption Action Plan, coordinated by the Ministry of Commerce, NDRC, and MIIT
- Local governments can independently determine smart home subsidy categories and standards, with support for whole-house smart home purchases
- The plan promotes elderly-friendly products including home service robots, health monitoring devices, and smart care equipment, encouraging accessible design features
- Financial institutions are encouraged to develop diverse consumer finance products and utilize government-subsidized individual consumption loan policies
- New standards will require newly built fully furnished residences to include basic smart home products, with mandatory national standards for smart home interoperability
- The policy promotes recycling innovations such as "delivering new while collecting old" and "internet plus recycling" models
- Enterprises are supported in developing smart home products based on domestic open-source operating systems
Why It Matters
This policy signals Beijing's continued focus on stimulating domestic consumption through targeted subsidies, with smart home technology positioned as a strategic growth sector. For Hong Kong consumers and businesses, the plan opens potential cross-border opportunities in the Greater Bay Area's smart home market, while also setting technical standards that may influence regional product development .
This policy signals Beijing's continued focus on stimulating domestic consumption through targeted subsidies, with smart home technology positioned as a strategic growth sector. For Hong Kong consumers and businesses, the plan opens potential cross-border opportunities in the Greater Bay Area's smart home market, while also setting technical standards that may influence regional product development .