2026新疆以旧换新政策迎开门红 汇嘉时代领跑品质升级新消费

Group 1 - In December 2025, the national consumer price index (CPI) increased by 0.8% year-on-year and 0.2% month-on-month, with the annual CPI remaining flat compared to the previous year [1] - The core CPI, excluding food and energy prices, rose by 1.2% year-on-year in December 2025, driven by increased consumer demand due to effective policies and the upcoming New Year [1] Group 2 - The implementation of the "old for new" policy in Xinjiang starting January 1, 2026, is expected to stimulate the consumption market, with companies like Huijia Times (603101.SH) positioned to benefit from these policies [3] - Huijia Times reported approximately 80 million yuan in sales from "old for new" initiatives in 2025, marking an 81% year-on-year increase [5] - The company has actively participated in various promotional activities in Urumqi, becoming a key platform for the "old for new" policy, with strong performance in store traffic and sales [5] Group 3 - Xinjiang's strategic location in the Belt and Road Initiative and ongoing urbanization efforts are enhancing its consumption capacity, supported by improved logistics and rising resident incomes [5] - The local government emphasizes the need to unleash consumption potential in border areas, transitioning from "guarantee-type" to "quality-type" consumption [5] - With the continued support of the "old for new" policy and market demand, local enterprises like Huijia Times are expected to play a crucial role in promoting consumption, stabilizing employment, and improving livelihoods, contributing to high-quality regional economic development [6]