MOFCOM’s Consumption Promotion Department released an Action Plan with seven measures to address growth points and bottlenecks in smart-home consumption, prioritizing expansion of high-quality smart-home supply, improvement of the smart-home standards system, and optimization of community convenience services. The plan highlights four priorities: coordinate supply and demand; build a diversified, integrated ecosystem; deliver targeted services for different consumer groups; and streamline the co

MOFCOM’s Consumption Promotion Department released an Action Plan with seven measures to address growth points and bottlenecks in smart-home consumption, prioritizing expansion of high-quality smart-home supply, improvement of the smart-home standards system, and optimization of community convenience services. The plan highlights four priorities: coordinate supply and demand; build a diversified, integrated ecosystem; deliver targeted services for different consumer groups; and streamline the convenience-service chain. MOFCOM said it will coordinate with other departments to implement the measures and accelerate policy rollout to drive household adoption of smart-home products.