The world's leading standard rating agency, Poole, announced that it has downgraded the US sovereign credit rating from AAA to AA+, announcing the full-scale outbreak of the US sovereign debt crisis. On August 8, the first trading day of the US market, the record of the stock market crash was rewritten. Chinese concept stocks listed in the US have also been implicated, with varying degrees of decline. The 2008 subprime mortgage crisis has not retreated. If a new round of economic crisis swept through, China, the US's chief creditor, fell to 2,500 points on August 9. The stock market is a barometer of the economic market, so what is the situation of the smart home market in China? According to the China Economic Net: "Experts analyze that the root cause of the US sovereign debt crisis is the global energy crisis. Several major energy producing areas in the world, such as the Middle East, have successively experienced political instability and major natural disasters, leading to global instability. The energy industry is facing a limited supply situation. The United States, as the world's largest energy consumer, is also the most affected. The rise in energy prices has led to a significant increase in market costs, which has led to industrial restructuring and problems in economic operation. The traditional energy market and its surrounding industries have experienced a large-scale decline." Some analysts also said that the stock price decline caused by the downgrade of the US sovereign credit rating should lose confidence in whether the European and American governments have the ability to continue to support economic growth. The data shows that most of the Chinese stocks listed in the US are the media, network, and IT industries. As we all know, the smart home industry is closely related to IT and high-tech industries. Then, will the US stock market turmoil in August bring impact to the domestic smart home industry? Resource consumption, energy conservation and environmental protection are global issues. Some experts analyze the root cause of the US sovereign debt crisis as a global energy crisis. From the perspective of energy consumption, the rise of smart homes and Internet of Things is not only the advancement of science and technology. It is born in time. In July of this year, HC Smart Home made a regional survey of the smart home industry, the overall development of the smart home industry is improving. At present, all the mainstream smart home products can better meet the energy-saving requirements, and in the process of operation, intelligent makes energy-saving more detailed and more convenient. For example, through various intelligent lighting control systems, wireless remote control switches, remote control functions, automatic detection of brightness sensor brightness, temperature and humidity sensors automatically control central space and geothermal system and other core means to achieve energy saving, power socket energy, high-power electrical energy Energy saving, etc. Recently, Henan Daily News: "The Ministry of Foreign Affairs of China has selected 10 cities in Baoding, Tianjin, Chongqing, Shenzhen, Xiamen, Hangzhou, Nanchang, Guiyang, Wuhan and Wuxi as the first low-carbon transportation pilot cities to carry out low-carbon Pilot work on the construction of transportation systems, these pilot cities will install LED lights along the highway." The Internet of Things industry is booming, making great strides in medical, agricultural, and transportation. Smart home appliances 3D TV emerges endlessly.... As Canadian economic expert Boll Dales said: "The S&P decision will not cause big turmoil in the world economy. The market will be turbulent at first, and the US Treasury’s income will also Falling. But for the world, the world will not change, it is no different from before the downgrade. Only people will pay more attention to economic news." It is worth noting that due to the speeding up of the construction of affordable housing, fixed assets continue to maintain high growth, and demand for security and intercom is better. However, the growth rate of real estate development investment declined, and the overall investment growth rate of fixed assets declined slightly. The late stage of the smart home market deserves further attention. Conclusion: The US economy is in turmoil and the RMB is under pressure to appreciate. However, whether the renminbi appreciates is still a very controversial issue. It is understood that there are quite a few smart home industry products in South China that involve foreign trade exports, while most foreign trade orders are settled in US dollars. If the dollar exchange rate shrinks, then exports to these companies will inevitably be detrimental. Under the premise of realizing the risks, enterprises may wish to do long-term foreign exchange settlement business, avoid exchange rate risks, and change the situation that enterprises have potential losses due to lack of preservation. Information from GO Jiaju, want to know more home textile information, home information, furniture information, home decoration information, building materials information Welcome to the GO Jiaju official website. 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