我国“反内卷”治理效果显现

Core Viewpoint - The effectiveness of China's "anti-involution" governance is becoming evident, as indicated by the stabilization of the Producer Price Index (PPI) and improvements in consumer prices, driven by market competition optimization, increased demand in emerging industries, and consumption-boosting policies [1][2]. Group 1: Economic Indicators - In August, the PPI ended a consecutive eight-month decline, remaining flat month-on-month and showing a year-on-year decrease of 2.9%, which is a narrowing of 0.7 percentage points from the previous month [1]. - The Consumer Price Index (CPI) decreased by 0.4% year-on-year in August, while the core CPI, excluding food and energy, increased by 0.9%, marking a 0.1 percentage point increase from the previous month [1][2]. Group 2: Factors Influencing Price Changes - The optimization of market competition order has been a key factor, with government efforts to promote industry self-discipline and curb disorderly competition, leading to gradual improvements in key industries [1][2]. - Demand in emerging industries is on the rise, supported by the ongoing adjustment of China's economic structure towards high-end and intelligent development, which is expanding market demand and driving price increases in related sectors [1][2]. - Consumption-boosting policies have shown positive effects, with initiatives like the trade-in program for consumer goods enhancing demand for upgraded products, contributing to price increases in certain industries [1][2]. Group 3: Future Economic Outlook - The government plans to continue expanding domestic demand and implementing consumption-boosting actions, alongside effective investment expansion and the promotion of a unified national market [2][3]. - Upcoming holidays, such as the Mid-Autumn Festival and National Day, are expected to further stimulate consumer spending, contributing to the overall expansion and quality improvement of consumption [2].