China’s push to boost domestic consumption, as outlined in this year’s Two Sessions government work report, is sparking a revolution in smart home technology. Reporter Xu Xinchen observed surging demand for AI-powered refrigerators, voice-controlled lighting systems, and energy-efficient appliances across the Chinese mainland—a market now valued at $100 billion.
Policy Meets Innovation
Analysts attribute the growth to targeted subsidies for eco-friendly appliances and 5G infrastructure investments. "This isn’t just convenience; it’s about sustainable living," said Xu, citing a Shanghai resident who cut electricity bills by 40% using smart thermostats.
Global Implications
International investors are watching closely as Chinese firms lead in IoT integration. The sector’s expansion aligns with broader economic priorities, offering opportunities in manufacturing, software development, and green tech partnerships.
