Core Points - The Ministry of Finance and the Ministry of Commerce have announced the selection of around 15 pilot cities to develop an international consumption environment, with central government financial support [1] - The focus on international consumption center cities is expected to significantly enhance the overall international consumption environment, as these cities account for over one-eighth of the national retail sales and over half of the consumption goods imports [1] - The initiative emphasizes performance evaluation for financial allocations, with initial funding provided based on performance metrics to prevent superficial compliance [1] - China's inbound consumption market has substantial potential, with inbound tourist consumption currently at about 0.5% of GDP, compared to 1% to 3% in major countries [1] Summary by Sections International Consumption Environment Development - The initiative aims to create an international consumption environment by addressing existing gaps and enhancing facilities for international tourists, such as luggage storage and payment methods [2] - There is a need to improve the internationalization level of certain commercial areas and enhance multi-language services to better cater to foreign visitors [2] Pilot Cities and Financial Support - The pilot cities will receive financial subsidies from the central government, with a focus on effective allocation of funds to ensure impactful spending [1] - The performance evaluation mechanism will ensure that funding is tied to measurable outcomes, promoting accountability in the use of resources [1] Market Potential and Global Comparison - The current level of inbound consumption in China indicates significant room for growth, highlighting the need for improved supply and consumption environments to match international standards [1]
建设国际化消费环境当重细节
Sou Hu Cai Jing·2025-11-14 21:58