Workflow
各项政策持续发力 以“真金白银”激发消费活力
Xin Hua Wang·2025-08-21 06:42

Group 1 - The core viewpoint emphasizes the importance of expanding consumption as a key measure to strengthen domestic circulation and improve people's livelihoods. Various regions and departments have actively implemented special actions to boost consumption and promote the replacement of old consumer goods, leading to the release of consumption potential and stable economic operation [1] - From January to July, the total retail sales of consumer goods increased by 4.8% year-on-year, while service retail sales grew by 5.2%, indicating overall stability in consumption [1] - The Ministry of Finance, in collaboration with multiple departments, has introduced loan interest subsidy policies aimed at service industry operators and personal consumption loans, which are designed to stimulate consumption potential and enhance market vitality [3][5] Group 2 - The two subsidy policies target both the demand and supply sides of consumption, shifting the focus of fiscal and financial policies towards improving people's livelihoods and promoting consumption [5] - The "old-for-new" consumption policy has significantly boosted retail sales in home appliances and audio-visual equipment, with year-on-year growth of 30.4% and 22.9% respectively [6] - Local governments are also launching consumption coupon plans in various sectors such as culture, tourism, and dining to further stimulate market activity, complementing the "old-for-new" policy [6][11] Group 3 - In Jiangsu, various industries are offering consumer coupons to stimulate spending, with initiatives including hotel discounts and dining vouchers, creating a win-win situation for citizens and businesses [7][10] - Chongqing is enhancing the "ticket economy" by providing discounts for dining and attractions, integrating sports, culture, and consumption to offer diverse experiences for visitors [9] - The contribution rate of domestic demand to GDP growth in the first half of the year was 68.8%, with final consumption expenditure contributing 52%, highlighting the role of consumption as a main driver of economic growth [13]