Core Viewpoint - The article emphasizes the importance of boosting consumption and expanding domestic demand as a key strategy for sustaining economic recovery and growth in China, as highlighted by President Xi Jinping's directives and the upcoming Central Economic Work Conference in 2024 [1][2][3]. Group 1: Importance of Consumption - Consumption is identified as a crucial engine for economic growth and a key component of the domestic circulation system, directly reflecting the people's needs for a better life [2][3]. - The article stresses that enhancing consumption is vital for addressing the current economic challenges and achieving a growth target of around 5% [2][3]. Group 2: Strategic Initiatives - The Ministry of Commerce plans to implement several initiatives to stimulate consumption, including upgrading product consumption, expanding service consumption, and fostering new consumption models [4][5][6][7]. - Specific measures include a significant increase in the budget for consumer subsidies, with the sales volume for old-for-new consumer goods projected to exceed 1.3 trillion yuan in 2024 [5]. Group 3: Focus Areas for Consumption Growth - Key focus areas for boosting consumption include enhancing the quality of service offerings, promoting digital and green consumption, and innovating consumption scenarios to stimulate demand [6][7][8]. - The article outlines plans to support sectors such as elderly care and tourism, particularly targeting the silver economy [6][7]. Group 4: Political and Organizational Support - The article highlights the role of political leadership and organizational efforts in ensuring the effective implementation of consumption-boosting policies, emphasizing the integration of party-building and business operations [9][10]. - Continuous monitoring and supervision mechanisms are proposed to ensure the successful execution of consumption initiatives [10].
商务部部长王文涛《旗帜》刊文：大力提振消费 全方位扩大国内需求 推动经济持续回升向好
Shang Wu Bu Wang Zhan·2025-05-08 08:03