以新需求引领新供给 以新供给创造新需求（新视窗）

Core Viewpoint - The Chinese government emphasizes the importance of expanding domestic demand as a strategic foundation for economic growth, focusing on enhancing consumption and investment to drive high-quality development [1][4][10]. Group 1: Economic Growth and Domestic Demand - Domestic demand has become the main driving force for China's economic growth and stability, with a focus on building a strong domestic market and boosting consumption [1][3]. - The "14th Five-Year Plan" period highlights the need for a robust domestic market, with consumer spending contributing approximately 60% to economic growth annually [3][4]. - The social retail sales are projected to grow from 39.1 trillion yuan in 2020 to 48.3 trillion yuan by 2024, indicating a compound annual growth rate of 5.5% [10]. Group 2: Consumer Behavior and New Consumption Trends - The service consumption sector is experiencing rapid growth, with the proportion of residents' service consumption spending increasing by 3.5 percentage points to 46.1% [3]. - New consumption formats and scenarios are emerging, such as cultural tourism and innovative retail experiences, which are enhancing consumer engagement and satisfaction [2][7]. - The demand for high-quality and diverse consumer goods is rising, with a shift from mere availability to quality and experience [8][9]. Group 3: Policy and Strategic Initiatives - The government is implementing policies to stimulate consumption and improve living standards, emphasizing the synergy between consumption and investment [5][11]. - There is a call for optimizing supply to stimulate consumer willingness and enhancing policy support for consumption growth [5][12]. - The focus on service consumption is crucial, as it not only drives economic growth but also improves residents' quality of life [12][13].