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Core Viewpoint - The news highlights the vibrant consumer activity in Liaoning Province, particularly in Shenyang, showcasing the successful integration of traditional and modern consumption experiences, which reflects the resilience of the local economy and the ongoing efforts to boost domestic demand [1][2][3]. Group 1: Consumer Activity and Economic Impact - The "Eight Classics Coffee Alley" in Shenyang has attracted 2 million visitors in the past two years, generating over 200 million yuan in total revenue, illustrating a successful blend of historical and modern consumer experiences [1]. - During the recent "Eleventh" holiday, Liaoning's consumption surged, with key hospitality and restaurant sectors reporting revenue increases of 16.7% and 15.3% respectively, indicating a strong market recovery [3]. - The province's retail sales of consumer goods are projected to reach 983.65 billion yuan and 1,022.89 billion yuan in 2023 and 2024, with year-on-year growth rates of 7.6% and 4%, consistently outperforming the national average [3]. Group 2: Policy Initiatives and Consumer Upgrades - The "old-for-new" consumption policy has been a significant driver for enhancing consumer spending, with subsidies for various products, including electronics and vehicles, leading to increased consumer participation [4][5]. - In the first eight months of the year, retail sales of smart phones surged by 120%, while wearable devices and energy-efficient home appliances also saw substantial growth, reflecting a shift towards higher-quality consumer goods [5]. - The ongoing initiatives are expected to further stimulate consumption in the province, enhancing economic growth and improving the quality of life for residents [5].