Core Insights - The State Council's recent meeting emphasized enhancing the adaptability of supply and demand to stimulate consumption, signaling a strategic shift towards innovation and technology integration in key industries [1][2][3] Group 1: Supply and Demand Adaptability - The concept of supply and demand adaptability aims to improve the match between supply and demand, addressing issues of excess low-end supply and insufficient high-quality supply, thereby facilitating economic circulation and unlocking consumption potential [2][3] - The meeting outlined key paths to solve supply-demand adaptability, including accelerating the application of new technologies and models, focusing on developing new products and value-added services in key industries, and expanding new consumption increments [1][3] Group 2: Consumer Trends and Market Dynamics - There is a notable shift in consumer behavior from quantity to quality, with increasing demand for diversified, personalized, and high-quality products, indicating a need for industry and consumption upgrades to create a virtuous cycle between supply and demand [2][4] - The meeting highlighted the importance of fostering new consumption scenarios and business models, enhancing consumer financial products and services, and creating a favorable consumption environment [3][4] Group 3: Policy and Structural Reforms - The government is implementing policies to boost consumption, including promoting income growth and reducing burdens on residents, which are expected to enhance consumer confidence and spending [4][5] - Experts suggest that the potential of a large-scale market as a "demand engine" relies on effectively addressing the issue of "income-supported consumption demand," advocating for reforms in income distribution to strengthen the middle-income group [5]
国务院常务会议提出“增强供需适配性”,提振消费释放新信号
Xin Jing Bao·2025-11-19 10:58