“融合消费”浪潮兴起，中国为全球经济增长再注新动能

Core Viewpoint - The rise of "fusion consumption" in China is becoming a new driving force for global economic growth amidst complex international trade dynamics and insufficient economic momentum [1] Group 1: Economic Impact - Consumption is increasingly recognized as a vital driver of economic growth, with China enhancing the quality and appeal of its consumer products and services on the international stage [1] - The 2025 International Consumption Conference highlighted China's role as the second-largest consumer market, emphasizing its importance in linking international resources and shaping consumption patterns [1][2] Group 2: Global Cooperation - The current geopolitical climate and unfair trade practices have increased uncertainty in the global economy, prompting a shift towards diversified and globalized consumption models [2] - "Collaborative synergy" is seen as a necessary choice for international consumer cooperation, with "fusion consumption" identified as the future direction of global service trade [2] Group 3: Trends in Consumption - The concept of "fusion" is becoming central to consumption upgrades, with new scenarios and business models emerging from the intersection of various sectors such as culture, tourism, and finance [4] - The Chinese government is actively promoting consumption-driven growth through initiatives like appliance and automobile replacement programs, while also exploring new markets in telecommunications, healthcare, and education [4][6] Group 4: Foreign Investment Opportunities - China's evolving consumption market not only supports domestic economic growth but also presents increased collaboration and investment opportunities for foreign enterprises [4] - In 2024, there were 59,080 newly established foreign-invested enterprises in China, marking a 9.9% year-on-year increase, indicating a growing diversification in foreign investment [6]