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Caixin Global
Caixin Global

Business Brief (Sept. 15): China Moves to Boost Smart Home Consumption

Smart home consumption

Eight government departments, including the Ministry of Commerce, issued an action plan outlining seven measures to promote smart home appliance consumption.

The measures include expanding the supply of smart home appliances, improving standard systems, supporting consumer subsidies, developing elderly-friendly products and streamlining recycling chains.

Mining safety standards

China released four mandatory national standards for mining safety to screen and control risks at the source, which will take effect March 1.

The standards establish a comprehensive census every three years and set safety technical requirements for battery cells and modules tailored to the special operating environment of underground mines.

NEWS SUMMARY

The cross-border capital pool policy for multinational companies has been expanded nationwide.

China released the world’s first standard for AI combined with brain-computer interfaces.

An executive at BYD said the company plans to launch models equipped with solid-state batteries next year.

Contact editor Lin Jinbing ([email protected])

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