China announces plans to enhance smart consumption

China has unveiled a plan to boost smart domestic consumption by 2026. The initiative aims to diversify applications, expand high-quality products, improve classification standards, and support the renovation of old homes to meet the needs of the elderly, with 250 billion yuan allocated to support implementation. The plan calls for increased research and development, the establishment of experience centers, and the adoption of smart home technologies. It also emphasizes streamlining service chains and recycling used household goods, all with the goal of enhancing community services and encouraging the consumption of smart home products.

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