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Core Viewpoint - The article discusses the release of the "Consumption Promotion Special Action Plan" by the Central Committee of the Communist Party of China and the State Council, aimed at boosting consumer spending and enhancing the income of urban and rural residents [2][3]. Group 1: Income Growth Initiatives - The plan emphasizes promoting reasonable growth in wage income through employment support programs for key sectors, industries, and small and micro enterprises [2]. - It includes measures to enhance property income channels, stabilize the stock market, and improve the management of state-owned enterprises [3]. - The plan aims to ensure farmers' income growth by establishing mechanisms for grain farmers' income protection and exploring ways to utilize farmers' housing [3]. Group 2: Consumer Capability Support - The plan proposes increasing support for child-rearing and education, including the establishment of a childcare subsidy system and enhancing pediatric services [4]. - It aims to improve medical and pension security, with plans to raise basic pension and medical insurance subsidies by 2025 [4]. - The initiative includes measures to strengthen support for low-income populations and improve the living conditions of vulnerable groups [4]. Group 3: Service Consumption Enhancement - The plan focuses on optimizing services for the elderly and children, promoting community-based childcare services, and enhancing home service training [5][6]. - It encourages the development of cultural and tourism consumption, including streamlining approval processes for events and expanding the scope of inbound consumption [6]. - The initiative aims to promote the development of high-quality tourism destinations and support the establishment of duty-free shops [6]. Group 4: Major Consumption Upgrades - The plan supports the replacement of old consumer goods, particularly in the automotive and home appliance sectors, and encourages the circulation of second-hand goods [7]. - It aims to stabilize the real estate market and enhance housing consumption by implementing favorable tax policies and supporting flexible housing loan options [7]. - The initiative includes measures to extend the automotive consumption chain and promote the second-hand car market [7]. Group 5: Quality Improvement in Consumption - The plan emphasizes the importance of enhancing service quality in trade, logistics, and cultural tourism sectors, and supports the development of Chinese service brands [8]. - It promotes the integration of traditional culture into product design and encourages the development of new consumption models driven by artificial intelligence [8]. - The initiative aims to improve the integration of domestic and foreign trade, supporting the transition of foreign trade products to domestic sales [8]. Group 6: Consumer Environment Improvement - The plan includes measures to ensure workers' rights to rest and vacation, promoting flexible holiday arrangements [9]. - It aims to create a safer consumption environment by enhancing consumer rights protection and regulating online sales practices [9]. - The initiative focuses on improving urban and rural consumption facilities and developing smart business districts [9]. Group 7: Optimization of Restrictive Measures - The plan calls for the gradual reduction of unreasonable consumption restrictions and encourages a shift from purchase management to usage management in sectors like automotive [10]. - It aims to simplify approval processes for promotional activities and enhance regulatory efficiency through cross-departmental collaboration [10]. Group 8: Support Policy Enhancement - The plan emphasizes the need for coordinated consumer promotion policies and the strengthening of investment support for consumption-related projects [11]. - It includes measures to encourage financial institutions to increase personal consumption loans and provide fiscal subsidies for eligible loans [11]. - The initiative aims to explore activities that incentivize consumer spending, such as prize-based invoice activities [11].