日本参议院议员神谷宗币：希望日本央行和财政部专注于采取措施扩大国内需求，推动日本经济走出30 年的停滞。 ...

近日，受中共中央委托，台盟中央围绕"更好发挥'两重''两新'政策效能，建设现代化产业体系，全 方位扩大国内需求"主题，在广西、上海开展了2025年度重点考察调研。考察调研由台盟中央主席苏辉 带队。 新华社北京6月3日电 题：更好发挥"两重""两新"政策效能 全方位扩大国内需求——台盟中央开 展2025年度重点考察调研 新华社记者申铖 内需市场，一头连着经济发展，一头连着社会民生，是大国经济发展的主要依托。"两重"（国家重 大战略实施和重点领域安全能力建设）、"两新"（大规模设备更新和消费品以旧换新），正是全方位扩 大内需的重要抓手。 2024年来，我国大力实施"两重"和"两新"政策，激发内需潜力，为推动经济回升向好提供支撑。 2024年底的中央经济工作会议明确"加力扩围实施'两新'政策""更大力度支持'两重'项目"。 在广西南宁的南南铝加工有限公司的厂区里，多条生产线正平稳运行、有序作业；在广西钦州的平 陆运河马道枢纽，建设者们正铆足干劲抢时间、抓进度。"企业创新发展有哪些成效？""大规模设备更 新政策是如何支持企业的？""平陆运河未来将发挥什么效用？""'两重'政策对项目建设有何作用？"…… 调研组深入工程 ...

Group 1 - The central theme of the investigation is to better leverage the "two new and two heavy" policies to build a modern industrial system and expand domestic demand comprehensively [1] - Logistics is identified as a crucial link in the national economic cycle, with over 500,000 TEUs transported via the Western Land-Sea New Corridor this year [3] - The Pinglu Canal, a major national construction project, is expected to be operational by the end of 2026, significantly reducing shipping distances for goods from the southwest region and lowering logistics costs [3] Group 2 - Consumer spending is highlighted as a key driver of economic growth, with over 2.5 million consumers participating in the "trade-in for new" program in Guangxi [5] - The tourism and cultural consumption sector is showing continuous vitality, but there are still challenges in diversifying consumption beyond ticket sales [5] - Recommendations include enhancing policy integration to create a virtuous cycle of demand-driven supply and supply-driven demand, thereby activating new consumption momentum [6]

内需是中国经济发展的基本动力，扩大内需是保持经济平稳较快发展的基本立足点，也是习近平经济思 想的重要内容。《习近平经济文选》第一卷中不少文章都对扩大内需作出深刻论述。比如，《中国开放 的大门只会越开越大》指出："内需是中国经济发展的基本动力，也是满足人民日益增长的美好生活需 要的必然要求"；《确保我国经济航船乘风破浪、行稳致远》指出："扩大内需既关系经济稳定，也关系 经济安全，不是权宜之计，而是战略之举"；等等。当前，外部环境变化带来的不利影响加深，外需不 确定性逐渐上升。扩大国内需求能够抵御外部冲击、持续推动我国经济回升向好、实现经济高质量发 展，既是稳增长的当务之急，也是适应国内外形势变化的战略抉择，更是推进中国式现代化的长远之 策。2024年中央经济工作会议提出"全方位扩大国内需求"，中共中央办公厅、国务院办公厅不久前印发 《提振消费专项行动方案》。我们要以习近平经济思想为指引，加快把党中央对于扩大内需的决策部署 落到实处，不断筑牢我国经济航船乘风破浪、行稳致远的内需基础。 全方位扩大国内需求具有十分广阔的空间 习近平总书记在《深化对中长期经济社会发展重大问题的认识》中指出："未来一个时期，国内市场主 ...

可以说，加快完善消费基础设施，有利于我们更好统筹投资和消费，以有潜能的消费拉动有效益的投 资，推动投资效益提高和消费扩容升级良性互促。推进这项工作，也要做好投资和消费两方面文章。 加快完善消费基础设施，有利于我们更好统筹投资和消费，以有潜能的消费拉动有效益的投资，推动投 资效益提高和消费扩容升级良性互促 篮球、网球、足球，各式场地应有尽有；射击体验区、赛车模拟器，数字娱乐设备花样繁多；观赛餐厅 内，大屏幕滚动播放各类体育赛事……"五一"假期，北京南三环一家室内综合运动场馆全新开张，吸引 不少健身爱好者前来打卡。 值得注意的是，这个场馆建在一座十分知名的家具城内。这些年，房地产市场深度调整，居民添置家 具、装修房屋的需求增势放缓，家具卖场生意不及以往。该家具城把数万平方米空间拿出来，改造成充 满时尚气息的健身场馆，家具城焕发了新活力，市民健身也有了好去处，可谓一举多得。 这样的改造之举，正是消费基础设施提档升级的一个典型案例。今年3月，中办、国办印发《提振消费 专项行动方案》（以下简称《方案》），提出"扩大消费基础设施、消费服务功能提升类、消费新业态 新模式的有效投资"，4月下旬，国家发展改革委发布稳就业稳经济 ...

Core Viewpoint - The establishment of the "Service Consumption and Elderly Care Re-loan" policy aims to enhance financial support for the elderly care industry and stimulate domestic consumption, with a total loan amount of 500 billion yuan allocated for this purpose [1][2]. Group 1: Policy Details - The total amount for the service consumption and elderly care re-loan is set at 500 billion yuan, with an annual interest rate of 1.5% and a maximum term of 3 years [2]. - The policy is applicable to 26 national financial institutions, including major banks and city commercial banks, and will be in effect until the end of 2027 [2]. - Financial institutions can apply for re-loans from the People's Bank of China based on the loans they issue, with a 100% reimbursement rate for eligible loans [2]. Group 2: Implementation and Impact - The first loan under this policy was issued to Tongyong Health and Elderly Care Company, a subsidiary of the Tongyong Technology Group, to support its development in the elderly care sector [1][2]. - The Industrial and Commercial Bank of China (ICBC) plans to further implement the elderly care re-loan policy to provide timely and cost-effective financial services to more elderly care enterprises [3]. - ICBC aims to innovate financial products and optimize service processes to support the development of the elderly care and consumption sectors comprehensively [3].

Core Viewpoint - The article emphasizes the importance of boosting consumption to expand domestic demand and enhance the internal driving force of economic development, as highlighted by Minister Wang Wentao [1] Group 1: Economic Context - The external environment is changing, leading to increased adverse impacts on China's economy, which still faces numerous difficulties and challenges [1] - There is a notable insufficiency in effective domestic demand, making it essential for all parties to work together to achieve the expected growth target of around 5% [1] Group 2: Consumption as an Economic Engine - Consumption is identified as a crucial engine for economic growth, serving as both the endpoint and a new starting point in the economic cycle [1] - The article argues that when consumption "warms up," the economy can also "heat up," indicating a direct correlation between consumer spending and overall economic vitality [1] Group 3: Policy Implications - The call to action is to vigorously boost consumption and comprehensively expand domestic demand, which is expected to play a significant role in driving economic recovery and stability [1] - Ensuring that domestic demand becomes the main driving force and stabilizing anchor for economic growth is a priority [1]

中国发展改革报社记者 | 付朝欢 4月25日召开的中共中央政治局会议特别强调，要不断完善稳就业稳经济的政策工具箱。4月28日，国新 办就稳就业稳经济推动高质量发展政策措施有关情况举行新闻发布会，国家发展改革委、人力资源社会 保障部、商务部、中国人民银行四部门有关负责人出席并答记者问。 对于这个议题，党中央、国务院一直高度重视。此前，4月18日的国务院常务会议已就稳就业稳经济推 动高质量发展的若干举措进行了研究。 国家发展改革委副主任赵辰昕在28日的发布会上介绍，相关政策举措与去年9月份出台的一揽子增量政 策、中央经济工作会议和全国两会部署任务形成接续，具体包括支持就业、稳定外贸发展、促进消费、 积极扩大有效投资、营造稳定发展的良好环境等五方面内容。 若干举措将成熟一项、出台一项 发布会伊始，赵辰昕介绍了五个方面的政策举措。 在支持就业方面，主要包括鼓励企业积极稳定就业、加大职业技能培训力度、扩大以工代赈等支持、加 强就业公共服务等。 在稳定外贸发展方面，主要包括"一业一策""一企一策"加大支持力度、帮助出口企业规避风险、扩大服 务产品"出海"、鼓励外资企业境内再投资等。 在促进消费方面，主要包括扩大服务消费、 ...

Core Viewpoint - Consumption is a key driver for domestic economic circulation and is essential for sustainable economic growth. The government has prioritized boosting consumption and expanding domestic demand as a primary task for 2025, reflecting a strategic focus on new development stages and concepts [1][2]. Group 1: Strengthening Income Growth Measures - Income is the foundation of consumption. The government aims to enhance residents' consumption capacity by focusing on employment, income, and social security, implementing targeted policies to solidify the basis for consumption growth [1][2]. - The distribution system will be gradually optimized to improve disposable income for urban and rural residents, including raising basic pensions and healthcare subsidies for low-income groups [2]. - High-quality employment is crucial for stabilizing and boosting consumption, with efforts to increase job opportunities and enhance service sector development [2]. Group 2: Enriching Quality Supply to Stimulate Consumption Willingness - High-quality goods and services are vital for meeting consumer needs and creating effective demand. The focus will be on service consumption and industrial transformation to enhance consumption quality [3]. - Policies will be implemented to align supply and demand, promoting a shift towards experience-oriented and emotional value-driven consumption [3]. - The government will optimize consumption policies in sectors like automotive and real estate, and expand service consumption in education, healthcare, and tourism to meet diverse consumer needs [3][4]. Group 3: Improving Consumption Environment to Enhance Consumer Confidence - A safe and convenient consumption environment is essential for enhancing consumer satisfaction and market vitality. The government aims to create a structured and comfortable consumption ecosystem [5][6]. - Protecting consumer rights and interests is a priority, with measures to regulate market order and combat fraudulent practices [5]. - Infrastructure improvements, particularly in rural areas, will support the dual circulation of urban and rural consumption markets, enhancing overall consumption dynamics [6].

Investment Rating - The report indicates a focus on expanding domestic demand as a key priority in the government's work report, suggesting a potential for policy implementation to accelerate in the future [3][16]. Core Insights - February CPI decreased by 0.7% year-on-year, which was weaker than the market expectation of -0.4%, while PPI fell by 2.2%, also below the expected -2.1% [3][11]. - The decline in CPI was primarily influenced by the high base effect from the previous year due to the Spring Festival, with a new impact contributing a 0.1% increase when excluding this effect [11][16]. - The report highlights that food prices were weaker than seasonal trends, with a notable decrease in fresh vegetable prices by 12.6% year-on-year [11][12]. - The government aims to address insufficient domestic demand and weak consumption by implementing policies promptly to stimulate recovery in demand and a moderate rebound in prices [3][16]. Summary by Sections CPI Analysis - February CPI's year-on-year decline was driven by the Spring Festival's timing and a high base from the previous year, with food prices showing a significant drop [11][12]. - The report notes that the service CPI and core CPI both turned negative for the first time in four years, indicating weak demand and consumption [15][16]. PPI Analysis - February PPI's year-on-year decline of 2.2% was attributed to seasonal factors, abundant coal supply, and fluctuations in international oil prices [17]. - The report suggests a potential for short-term PPI recovery due to proactive fiscal policies and improving funding rates for construction projects [17][18].