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China: China's smart consumer device industry sees rapid growth amid policy boost
Storyline: China's smart consumer device industry sees rapid growth amid policy boost [Voice_over] China's smart device sector has seen rapid growth so far this year, fueled by a government-backed trade-in program. In the first five months of this year, the total output of computers and TV sets in the country reached about 140 million units and 14 million units respectively. Industry experts say from smart homes to health management facilities, emerging technologies are unlocking new markets for manufacturers who are undergoing digital transformations themselves to stay competitive. [Sound_bite] Zuo Kairui, Director, Industry Development Department, Institute of Policy and Economics, China Academy of Information and Communications Technology: "Consumption scenarios are becoming more diversified. On the demand side, new smart products are quickly entering the market, opening-up emerging markets in home services, health management, and beyond. On the supply side, the industry is clearly moving toward transformation and upgrading, with new growth drivers accelerating." [Voice_over] In the second half of the year, China will continue to promote its "AI plus consumer goods" project, expanding application scenarios for products like smart wearables, ultra-high-def video, brain-computer interfaces, and robotics. [Restrictions : No access Chinese mainland]
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