The Central Committee of the Communist Party of China and the State Council recently issued the "Several Opinions on Improving the Mechanism of Promoting Consumption and Further Encouraging Consumers' Consumption Potential."

The "Opinions" emphasize that in recent years, China has made remarkable achievements in expanding consumption scale, raising consumption levels, and improving consumption structure. However, we must also see that the current institutional obstacles restricting the expansion and upgrading of consumption are still outstanding.

The "Opinions" proposed: Upgrade intelligent, high-end, and integrated information products, and focus on developing new information products such as high-end mobile communication terminals, wearable devices, ultra-high-definition video terminals, smart home products, and virtual reality, augmented reality, and smart cars. Frontier information consumer products such as service robots. Innovate and develop all kinds of information consumption that meets the needs of the people's lives. Promote new consumption growth based on network platform and optimize the consumption ecology of online and offline collaborative interaction.

At the same time, it is also pointed out that it is necessary to vigorously promote digital home products, encourage enterprises to develop smart home "product + service" mode for customized application scenarios, promote new digital home products such as smart TV, smart audio, intelligent security, and actively promote general product technology. Standards and application specifications, strengthen the "Internet +" artificial intelligence core technology and platform development, promote virtual reality, augmented reality product development and industrialization, support product innovation and industrialization of wearable devices, consumer drones, intelligent service robots, etc.

(Source: JJgle.com)