How to display only children of the current term

display-children-of-current-term.php

<?php 
// How to only get children of the current term
?>
<div class="category-list">
    <?php 
    $term_id = get_queried_object()->term_id;
    $term = get_term($term_id, 'product_cat' );
    
    $args = array(
        'orderby'       => 'name', 
        'order'         => 'ASC',
        'hide_empty'    => false,
        'child_of'      => $term->term_id,
        'parent' => $term->term_id
    ); 

        $sub_terms = get_terms( 'product_cat', $args);
        //print_rr($subproducts);

        foreach ($sub_terms as $term) { ?>
            <li> <a href="<?php echo get_term_link( $term ); ?>"><?php echo $term->name; ?><?php /*echo "<span class='count'>" . $subproduct->count . "</span>"; */ ?></a></li>
    <?php } ?>
</div>

Thank you for this snippet, really made my day