LBX(SH:603883) Sou Hu Cai Jing·2025-11-18 03:37Core Viewpoint - The domestic consumption market in China is struggling, leading to economic slowdown, despite various stimulus measures being implemented by local governments and banks to encourage spending [2][4][5]. Group 1: Current Economic Situation - The consumption market has been weak, causing difficulties for businesses and potential layoffs for workers, which in turn affects overall economic growth [2]. - Local governments are issuing consumption vouchers and providing subsidies for home appliances to stimulate spending [2]. - Banks have lowered deposit interest rates to historical lows, encouraging people to spend or invest rather than save [4]. Group 2: Consumer Behavior and Challenges - Despite various stimulus efforts, consumer enthusiasm remains low, with many individuals choosing to save rather than spend due to financial insecurity [5]. - A significant portion of the population, approximately 5.6 billion people, have no savings in banks, indicating a lack of disposable income [5][7]. - The wealth distribution is highly uneven, with only 2% of depositors holding 80% of total savings, leaving the majority with limited financial resources [7][16]. Group 3: Recommendations for Stimulating Consumption - To effectively stimulate consumption, it is essential to increase household incomes through equitable wealth distribution and improved wage standards [12]. - Reducing the financial burdens related to housing, education, and healthcare can alleviate consumer anxiety and encourage spending [14]. - Addressing income inequality and promoting a more balanced social structure can enhance overall consumer confidence and spending capacity [16].