今年9月，财政部与商务部联合印发的《关于开展消费新业态新模式新场景试点工作的通知》，明确提 出要"培育消费新增长点，推动消费新业态不断涌现，提升消费活力"。10月25日，city'super超·生活旗下 快闪市集"city大吉"在其上海iapm环贸店再次开集。作为一个在超市里打造的创新性市集，city大吉让 city'super超·生活变成一个烟火气十足、融合全球风味与生活灵感的线下真实体验场。 （文章来源：国际金融报） 从澳洲冰鲜纯血黑毛和牛、西班牙Blázquez 100%橡果伊比利亚火腿，到法国吉娜朵生蚝、日本秋季限 定"冷卸"清酒……本次活动以"季节的盛筵"为主题，来自世界各地的美食美酒品牌代表、供应商，以及 多位本土知名主厨与数千名消费者在city大吉共聚。同时，这次活动还以"全球美食，中国品味"为内 核，用创意料理"大吉小食"实现了跨文化的美食对话。 不止于美味，CITYSUPER旗下LOG-ON乐方案将"潮流生活嘉年华"的快闪概念带入"city大吉"，精选全 球潮玩与生活好物，如作为中国大陆地区独家销售渠道，KODAK Charmera钥匙扣相机盲盒限量发售。 ...

Group 1 - The core focus of the article is on boosting consumption as a key task for economic work in 2025, with various measures being implemented to expand service consumption and develop new consumption models and scenarios [1] - The Ministry of Commerce and other departments have issued policies to promote new consumption formats, emphasizing the integration of commerce, tourism, culture, sports, and health [1][3] - There is a growing demand for personalized and differentiated consumption experiences among consumers, but the supply of high-quality offerings is currently insufficient [1][6] Group 2 - The "ticket economy" is emerging as a new driver for cultural and tourism consumption, with initiatives like the "Enjoy Jin Feng · Ticket Economy" in Yinchuan leading to significant sales increases during events [3] - The report from the Ministry of Commerce and Fudan University indicates that the scale of the "first release economy" in China has surpassed 1.5 trillion yuan in 2023, with projections to reach 10 trillion yuan by 2025 [5] - Cities are encouraged to leverage local cultural resources and avoid a one-size-fits-all approach in developing the first release economy [6] Group 3 - The article highlights the emergence of new leading consumption enterprises through technological innovation and brand development, with companies like Bailian Group exploring collaborations with international brands [8] - The cultivation of new consumption leaders is seen as essential, with recommendations for optimizing the institutional environment and enhancing intellectual property protection [8]

Core Insights - The Ministry of Finance and the Ministry of Commerce have jointly issued a notice to launch pilot projects for new consumption formats, models, and scenarios, aiming to enhance quality consumption supply and stimulate domestic demand [1][2] Group 1: Pilot Project Overview - The pilot projects will select approximately 50 cities at or above the municipal level, including direct-controlled municipalities and provincial capitals, to explore innovations in three main areas: establishing a first-release economic service system, innovating diversified service consumption scenarios, and supporting cross-industry collaborations with well-known IPs [1][2] - The implementation period for these pilot projects is set for two years, focusing on large cities with significant population bases and development potential [2] Group 2: Financial Support and Management - Central government financial support will be provided to pilot cities, with funding amounts of 400 million yuan for super-large cities, 300 million yuan for large cities, and 200 million yuan for other cities, distributed in two batches [2][3] - The notice emphasizes the establishment of a daily supervision mechanism by provincial commerce and finance departments in collaboration with pilot cities to ensure effective fund management and performance [3]

Core Viewpoint - The Ministry of Finance and the Ministry of Commerce have jointly issued a notice to support new consumption models and pilot projects, aiming to enhance the innovation vitality of the industrial ecosystem and create new employment opportunities through the development of new stores and flagship stores by traditional brands and new consumption brands [1][2]. Group 1: Pilot Program Details - The notice supports around 50 cities, focusing on large and super-large cities with significant population and development potential, with a policy implementation period of two years [1]. - The pilot cities will receive financial subsidies, with super-large cities receiving a total of 400 million yuan, large cities 300 million yuan, and other cities 200 million yuan [3]. Group 2: Economic Service System - The notice emphasizes the establishment of a comprehensive economic service system, innovative diversified service consumption scenarios, and collaboration between quality consumption resources and well-known IPs [2][3]. Group 3: Cultural Integration and Consumer Experience - The initiative encourages the integration of traditional culture with modern consumption experiences, transforming static observation into immersive interaction, thereby enhancing cultural identity among younger demographics [2][4]. - The program aims to shift cultural consumption from fragmented experiences to a more integrated lifestyle approach, leveraging digital platforms for broader cultural dissemination [2][4]. Group 4: Funding and Performance Evaluation - The funding distribution will be linked to performance evaluations, ensuring that the remaining funds are allocated based on the effectiveness of the pilot projects [3][5]. - The evaluation system will consider both economic indicators and local governance capabilities, promoting long-term consumption upgrades beyond immediate financial inputs [4][5].

Core Viewpoint - The Ministry of Finance and the Ministry of Commerce will initiate pilot projects for new consumption formats, models, and scenarios in approximately 50 cities over a two-year period to stimulate domestic demand and enhance quality consumption supply [1] Group 1: Pilot Project Details - The pilot cities will include those at the prefecture level and above, such as municipalities, separately planned cities, provincial capitals, and large cities with significant population and development potential [1] - The pilot work will focus on large and super-large cities with a strong driving effect and development potential [1] Group 2: Objectives and Support - The pilot projects aim to enhance quality consumption supply and stimulate consumption potential by concentrating on innovative consumption formats, models, and scenarios [1] - The central government will provide financial subsidies to the pilot cities [1] Group 3: Areas of Innovation - The pilot cities will explore innovations in three main areas: establishing a service system for first-release economy, creating diverse service consumption scenarios, and supporting collaborations between quality consumption resources and well-known IPs [1]

Core Viewpoint - The joint notice issued by the Ministry of Finance and the Ministry of Commerce aims to support new consumption models and scenarios, particularly focusing on traditional brands and new consumer brands, to enhance industry innovation and create new employment opportunities [1][2]. Group 1: Support for New Consumption Models - The notice encourages the establishment of new stores and flagship stores by leveraging local quality consumption resources, promoting "new products from old brands" and "national trendy products" [1]. - It aims to cultivate a batch of new consumption leading enterprises through the transformation and upgrading of related companies [1][2]. Group 2: Pilot Cities and Financial Support - Approximately 50 cities will be supported in the pilot program, with a focus on large and super-large cities with significant population and development potential. The policy will be implemented over two years [1][3]. - Central financial support will provide subsidies of 400 million yuan for each super-large city, 300 million yuan for large cities, and 200 million yuan for other cities, with funds distributed in two batches based on performance evaluations [3][4]. Group 3: Cross-Industry Collaboration - The notice promotes collaboration between quality consumption resources and well-known intellectual properties (IPs) to create immersive consumption spaces and develop a series of peripheral products [2]. - It emphasizes the importance of integrating local cultural characteristics with national trendy IPs and traditional resources to create innovative and socially engaging consumption scenarios [2]. Group 4: Evaluation and Accountability Mechanisms - The notice includes specific requirements for the use of financial resources, linking remaining funds to performance and establishing a tiered subsidy mechanism to ensure efficient use of funds [3][4]. - A competitive evaluation mechanism will be implemented to assess pilot city applications, focusing on both economic indicators and local governance capabilities to ensure compliance and safety in fund usage [4].

Core Insights - Shenzhen aims to leverage its rich innovation resources and diverse industrial categories to upgrade traditional industries, targeting a total scale of over 700 billion yuan within three years [1] - The city plans to implement 12 policy measures, including the establishment of various investment funds to support mergers and acquisitions in traditional industries [1][2] - Shenzhen's advanced manufacturing and high-tech manufacturing sectors account for 68.2% and 58.2% of the city's industrial added value, respectively [1] Group 1: Traditional Industry Development - Shenzhen has a strong presence in traditional industries such as high-end women's clothing, jewelry, and eyewear, with the jewelry industry holding a national industrial output value lead [2] - The city will implement an action plan to integrate artificial intelligence into various traditional sectors, aiming to digitize over 100 traditional enterprises within three years [2][3] - The government recognizes both traditional and emerging industries as essential components of a modern industrial system, promoting a blend of technology and traditional manufacturing [3] Group 2: Investment and Policy Measures - The city will create a multi-faceted investment support model involving government-guided funds, listed company capital, and professional investment institutions [1] - Shenzhen aims to cultivate over 100 cross-industry fusion fashion products and popular national trend products by 2027 [3] - The approach of "policy guidance + market leadership + technology empowerment" is expected to serve as a replicable model for traditional industry transformation across the country [3]

Core Insights - Shenzhen aims to leverage its rich innovation resources and diverse industrial categories to upgrade traditional industries, targeting a total scale of over 700 billion yuan in three years [1][2] - The city plans to implement 12 policy measures, including the establishment of various investment funds to support mergers and acquisitions in traditional industries [1][2] - Shenzhen's advanced manufacturing and high-tech manufacturing account for 68.2% and 58.2% of the city's industrial added value, respectively [1] Group 1: Traditional Industry Development - Shenzhen has a strong presence in traditional industries such as high-end women's clothing, jewelry, and eyewear, with the jewelry industry leading the nation in annual industrial output [2] - The city will implement an action plan to integrate artificial intelligence into various traditional sectors, aiming to digitize over 100 traditional enterprises within three years [2][3] - The government encourages the fusion of traditional manufacturing with new technologies and high-performance materials, targeting the creation of over 100 cross-industry fashionable products by 2027 [3] Group 2: Investment and Policy Measures - Shenzhen will utilize strategic emerging industry funds to support state-owned enterprises and traditional industry leaders in establishing acquisition funds [1] - The investment model will combine government guidance, listed company capital, and professional investment institutions to nurture high-potential enterprises [1] - The city has previously recognized the importance of both traditional and emerging industries as components of a modern industrial system, indicating a balanced approach to industrial development [5]

Group 1: Manufacturing Sector Insights - In September 2025, the Manufacturing PMI rose to 49.8%, an increase of 0.4 percentage points from the previous month[7] - The production index reached a six-month high at 51.9%, up 1.1 percentage points, indicating active manufacturing activities[13] - New orders index was at 49.7%, showing a slight increase of 0.2 percentage points but still in the contraction zone[13] Group 2: Raw Materials and Pricing - The main raw materials purchasing price index decreased slightly to 53.2%, down 0.1 percentage points, while the factory price index fell to 48.2%, down 0.9 percentage points[19] - The procurement volume index rose to 51.6%, an increase of 1.2 percentage points, indicating accelerated raw material purchases[21] Group 3: Non-Manufacturing Sector Performance - The services business activity index fell to 50.1%, a decrease of 0.4 percentage points, with notable sector differentiation[22] - The construction business activity index was at 49.3%, a marginal increase of 0.2 percentage points, but still below the critical point[26] Group 4: Economic Policy and Risks - The government announced a new policy financial tool worth 500 billion yuan to support project capital, aimed at boosting infrastructure activities[27] - Real estate demand remains weak, posing a risk to overall economic recovery[28]

Core Viewpoint - The Ministry of Finance and the Ministry of Commerce have jointly issued notifications to promote new consumption formats, models, and scenarios, aiming to stimulate consumer demand and enhance consumer engagement through quality supply and an international consumption environment [1] Group 1: New Consumption Formats and Models - The initiative plans to support around 50 pilot cities, focusing on improving the first-release economic service system, innovating diverse service consumption scenarios, and supporting collaborations between quality consumption resources and well-known intellectual properties (IPs) [1] - The goal is to enhance consumption quality and stimulate consumption vitality to better meet the diverse and differentiated consumption needs of the public [1] Group 2: International Consumption Environment - The initiative also aims to support approximately 15 pilot cities in building an international consumption environment, emphasizing the "Buy in China" brand [1] - Key focuses include enriching high-quality consumption supply, optimizing foreign payment services, and improving international service levels to create more convenient and comfortable consumption environments [1] Group 3: Implementation Period - Both initiatives will be implemented over a two-year period, as outlined in the accompanying work notifications [1]