Group 1 - The core viewpoint is that consumption remains the main engine of economic growth, with new types of consumption developing rapidly and market vitality increasing [1] - In the first three quarters, final consumption expenditure contributed 53.5% to economic growth, an increase of 9.0 percentage points compared to the previous year [1] - The "old-for-new" policy has been expanded, with 300 billion yuan in special bonds allocated to support consumer demand [1] Group 2 - The "old-for-new" policy has led to double-digit growth in retail sales of household appliances, audio-visual equipment, cultural office supplies, and furniture [4] - As of September 10, over 8.3 million applications for vehicle replacements under the "old-for-new" policy have been submitted, averaging over 30,000 applications per day [4] - Retail sales of high-efficiency and smart appliances have continued to grow rapidly, driven by policies to expand service consumption [7] Group 3 - Service retail sales increased by 5.2% year-on-year in the first three quarters, outpacing the growth of goods retail sales by 0.6 percentage points [7] - Categories such as cultural and recreational services, communication and information services, travel consulting and leasing services, and transportation services all achieved double-digit growth [7] - The spokesperson from the National Bureau of Statistics emphasized the importance of expanding domestic demand and enhancing market vitality to promote sustained economic development [9]
中国经济秋季报｜新业态、新模式、新场景不断拓展 消费“主引擎”作用凸显
Yang Shi Wang·2025-10-20 08:59