国家发改委：对民生项目加大中央投资力度，减轻地方出资压力

Core Viewpoint - In July, there were fluctuations in investment and consumption data, but the overall trend of expanding consumption and optimizing investment structure remains unchanged. The government is focusing on measures to stimulate domestic demand in the second half of the year [3][4]. Consumption Data - In July, the total retail sales of consumer goods increased by 3.7% year-on-year, with a combined growth of about 5% from January to July. The service market sales remained stable [3]. - The government plans to implement policies to enhance consumer confidence and spending, including skills training and improving minimum wage standards [4]. Investment Data - From January to July, fixed asset investment grew by 1.6% year-on-year, with real growth (excluding price factors) estimated at 4% to 5%. Investment in high-end industries like aerospace and equipment manufacturing saw year-on-year growth [3]. - The government aims to increase central investment support for key livelihood projects and promote private investment in major projects, including setting minimum participation ratios for private investments in significant infrastructure projects [4]. Measures to Expand Domestic Demand - The government will implement a "combination punch" to boost consumption, focusing on enhancing capabilities, expanding quality supply, and optimizing the consumption environment [4]. - Key areas for investment growth will be identified, with a focus on government and private investment in essential projects, particularly in the livelihood sector [4][5]. - Efforts will be made to accelerate the construction of a unified national market, including the revision of pricing laws and the regulation of market competition [5].