投资、消费，两大利好来了

Core Viewpoint - The National Development and Reform Commission (NDRC) has announced significant policy benefits ahead of the National Day holiday, including the introduction of 500 billion yuan in new policy financial instruments and the allocation of 69 billion yuan in special long-term bonds to support the consumption of old goods [1][6]. Group 1: New Policy Financial Instruments - The first batch of new policy financial instruments has been officially launched, with a total scale of 500 billion yuan, all designated for supplementing project capital [2][4]. - The first project funded by these instruments is the Wuxi to Yixing intercity rail transit project, which received 3.199 billion yuan, making it the largest project approved in the province [4]. - Other cities, including Guangzhou, Puyang, Xingtai, Huzhou, and Yibin, are also actively seeking to utilize these new financial instruments to expand effective investment [4][5]. Group 2: Special Long-term Bonds for Consumption - The NDRC, in collaboration with the Ministry of Finance, has allocated 69 billion yuan in special long-term bonds to support the consumption of old goods, completing the annual target of 300 billion yuan in central funding [6]. - From January to August, 330 million people have claimed subsidies for replacing old goods, leading to sales exceeding 2 trillion yuan [6]. - Retail sales of household appliances and related goods have seen significant year-on-year growth, with increases of 28.4%, 22.3%, 22.0%, and 21.1% in various categories [6].