消费品以旧换新再加码，第四批690亿元资金将于10月下达

Core Viewpoint - The Chinese government is actively promoting consumption recovery through various measures, including the issuance of special bonds and targeted policies to enhance consumer confidence and spending [1][2][3] Group 1: Economic Data and Trends - In the first half of the year, the total retail sales of consumer goods increased by 5%, with a growth rate improvement of 0.4 percentage points compared to the first quarter and 1.3 percentage points compared to the same period last year [1] - The contribution rate of final consumption to economic growth reached 52% in the first half of the year, with the second quarter showing a slight increase to 52.3% [1] - The sales generated from the "trade-in" program exceeded 1.7 trillion yuan, indicating a significant boost in consumer spending [2] Group 2: Policy Initiatives and Actions - The National Development and Reform Commission (NDRC) is implementing a series of special actions to stimulate consumption, focusing on improving people's livelihoods and expanding consumer demand [1][2] - Various departments are rolling out major policies and hosting diverse promotional activities to boost consumption, including sports and cultural events [2] - The NDRC plans to enhance consumer capacity, cultivate new growth points in service consumption, and optimize supply to encourage spending [3] Group 3: Future Plans and Measures - The NDRC aims to implement more robust measures to support consumption, including promoting stable employment and income growth [3] - There is a focus on developing new service consumption areas, such as cultural tourism and healthcare services, while reducing consumption restrictions [3] - The NDRC will ensure the effective use of special bond funds for trade-in programs and strengthen product quality and price regulation to prevent fraudulent practices [3]