多措并举促消费，消费ETF易方达（159798）助力把握板块布局机会

Core Viewpoint - The National Development and Reform Commission (NDRC) announced measures to boost consumption and stimulate market vitality, including policies for trade-in of consumer goods and support for digital consumption and AI-related sectors [1] Group 1: Policy Initiatives - The NDRC plans to implement a "combination punch" to enhance consumption, focusing on policies for trade-in of consumer goods and accelerating the rollout of policies in emerging sectors like digital consumption and AI [1] - The Ministry of Commerce is set to introduce several policies in September aimed at expanding service consumption, utilizing fiscal and financial tools to enhance service supply capabilities [1] Group 2: Market Performance - From January to July this year, China's service retail sales grew by 5.2% year-on-year, with the proportion of service consumption continuing to rise [1] Group 3: Investment Opportunities - The CSI Consumer 50 Index, composed of 50 large-scale, high-quality consumer companies, focuses on core consumption sectors such as food and beverages and home appliances, with these two sectors accounting for approximately 75% of the index [1] - The index currently has a rolling price-to-earnings ratio of 17.2, which is at the 6th percentile since its inception in 2019, indicating significant investment value [1] - The E Fund Consumer ETF (159798) tracks this index, providing investors with an efficient way to allocate resources to leading consumer companies and capitalize on sector growth opportunities [1]