Core Viewpoint - The implementation plan aims to enhance the adaptability of supply and demand in consumer goods, setting quantifiable targets of three trillion-level consumption sectors and ten hundred-billion-level consumption hotspots by 2027, thereby optimizing the supply structure of consumer goods [1][2]. Group 1: Implementation Plan Goals - By 2027, the plan targets a significant optimization of the consumer goods supply structure, establishing three trillion-level consumption sectors and ten hundred-billion-level consumption hotspots [1]. - By 2030, a high-quality development pattern characterized by positive interaction between supply and consumption is expected to be fundamentally established, with a steady increase in the contribution of consumption to economic growth [2][3]. Group 2: Market Context and Trends - As of now, the total variety of consumer goods in China has reached 230 million, with over 100 categories, including home appliances and furniture, leading global production [2]. - In the first ten months of this year, retail sales of goods reached 36.6 trillion yuan, showing a year-on-year growth of 4.4%, which is an acceleration of 1.2 percentage points compared to the same period last year [2]. Group 3: Focus Areas for Development - The plan emphasizes the cultivation of key areas such as elderly products and smart connected vehicles, reflecting the demand driven by demographic changes and technological upgrades [4]. - The elderly products market is projected to grow from 2.6 trillion yuan in 2014 to 5.4 trillion yuan by 2024, with a compound annual growth rate of 7.3%, highlighting the importance of the silver economy [4]. Group 4: Strategies for Implementation - The plan includes measures to enhance the supply of elderly products, such as developing necessary products like nursing robots and health monitoring devices, and promoting home modifications for the elderly [4]. - To achieve the set goals, the plan calls for accelerated technological innovation, market cultivation through new consumption scenarios, and the establishment of a supportive policy framework [5].

文/ 国家发展改革委主任 郑栅洁 国家发展改革委主任郑栅洁在人民日报发表署名文章《坚持扩大内需这个 战略基点（学习贯彻党的二十届四中全会精神）》。郑栅洁表示，"十五 五"时期，我国扩大内需机遇和挑战都有新的发展变化，总体上机遇大于 挑战。要准确把握国内市场发展规律，充分发挥内需对经济发展的支撑作 用，统筹稳就业、稳企业、稳市场、稳预期，进一步做强国内大循环，有 效应对外部冲击挑战，推动我国经济平稳健康可持续发展。 习近平总书记强调，坚定实施扩大内需战略，构建完整的内需体系，关系我国长远发展和长治久安。党的二十届四中全会通过的《中共中央关于制定国民 经济和社会发展第十五个五年规划的建议》明确指出，坚持扩大内需这个战略基点，促进消费和投资、供给和需求良性互动，增强国内大循环内生动力和 可靠性。"十五五"时期，我们要持续扩大内需，进一步做强国内大循环，为加快构建新发展格局、推动高质量发展提供强有力的保障。 总的看，在重大政策、重大项目、重大工程等的带动下，我国内需规模持续扩大、质量持续提升、国际影响力持续增强，充分彰显了我国经济基础稳、优 势多、韧性强、潜能大，体现了长期向好的支撑条件和基本趋势。党的十八大以来特别 ...

Core Viewpoint - The article emphasizes the importance of implementing a strategy to expand domestic demand, which is crucial for China's long-term development and stability, as outlined in the 20th Central Committee's Fourth Plenary Session [3][4]. Achievements Since the 18th National Congress - Significant achievements in expanding domestic demand have been made, with domestic demand becoming the main driver of economic growth, contributing an average of 93.1% to economic growth from 2013 to 2024 [4]. - Final consumption expenditure and capital formation reached 76.3 trillion yuan and 54.8 trillion yuan in 2024, respectively, which are 2.7 times and 2.2 times the levels in 2012 [4]. - The structure of consumption and investment has continuously upgraded, with the penetration rate of new energy vehicles rising from less than 0.1% in 2013 to 48.9% in 2024 [5]. - China has become a globally influential super-large market, with significant growth in consumption across various sectors, including white goods and mobile phones [5]. Policy Framework and Implementation - A comprehensive policy framework has been established to promote consumption and investment, including the "Strategic Plan for Expanding Domestic Demand (2022-2035)" [6]. - The government has implemented various measures to increase residents' income, with per capita disposable income growing at an average annual rate of 6.1% from 2013 to 2024 [7]. - Major projects in transportation, energy, and ecological protection have been initiated to enhance domestic supply capabilities and foster new growth drivers [8]. New Challenges and Requirements in the 15th Five-Year Plan - The 15th Five-Year Plan period presents new challenges, including the need to address the weak internal consumption dynamics and improve investment efficiency [9]. - Expanding domestic demand is seen as a strategic response to external shocks and a key point for strengthening the domestic economic cycle [10]. - The demand for services such as healthcare and cultural tourism is expected to grow, necessitating a focus on enhancing the quality of life for residents [10]. Strategic Actions for the 15th Five-Year Plan - The government aims to boost consumer spending by optimizing the environment and reducing restrictions on consumption [13]. - Effective investment will be expanded by optimizing investment structures and enhancing the efficiency of investments [14]. - Major landmark engineering projects will be implemented to align with national strategic needs, focusing on urban renewal and new energy systems [15]. - Efforts will be made to deepen the construction of a unified national market, eliminating barriers to market access and promoting the free flow of goods and services [16].

Core Viewpoint - The Chinese government emphasizes the importance of expanding domestic demand as a strategic foundation for long-term development and stability, aiming to enhance the domestic circulation's internal dynamics and reliability [1][8]. Achievements in Expanding Domestic Demand - Since the 18th National Congress, domestic demand has become the main driver of economic growth, contributing an average of 93.1% to economic growth from 2013 to 2024, with final consumption and capital formation contributing 55% and 38.1% respectively [2][3]. - By 2024, final consumption expenditure and capital formation reached 76.3 trillion yuan and 54.8 trillion yuan, respectively, which are 2.7 times and 2.2 times the levels in 2012 [2]. Upgrading Consumption and Investment Structures - The sales of new energy vehicles have ranked first globally for ten consecutive years, with the domestic penetration rate of passenger cars increasing from less than 0.1% in 2013 to 48.9% in 2024 [3]. - The share of service consumption in per capita consumption expenditure rose from 39.7% in 2013 to 46.1% in 2024, while online retail sales of physical goods accounted for 26.8% of total retail sales by 2024, up from 10.8% in 2015 [3]. Global Market Influence - China has become a major global market, leading in the consumption of essential goods and services, with a significant middle-income population driving demand [3]. Policy Framework for Expanding Domestic Demand - The government has implemented various policies to promote consumption and investment, including the "Strategic Plan for Expanding Domestic Demand (2022-2035)" and the issuance of long-term special bonds to support major national strategies [4][5]. Addressing New Challenges in the 15th Five-Year Plan - The 15th Five-Year Plan period presents new challenges, including the need to enhance domestic consumption and investment efficiency, as well as to address the low service consumption ratio compared to developed countries [9][10]. Major Projects and Infrastructure Development - The government plans to implement significant projects in transportation, energy, and ecological protection to stimulate domestic demand and improve supply capabilities [6][14]. Enhancing Consumer Spending - Strategies to boost consumer spending include optimizing the environment for consumption, reducing restrictions, and increasing the supply of quality goods and services [12]. Effective Investment Expansion - The focus is on optimizing investment structures, enhancing the effectiveness of investments, and promoting a positive cycle between investment and consumption [13]. Unified National Market Construction - Efforts are being made to create a unified national market by eliminating barriers and enhancing the flow of goods and services across regions [15].

Core Viewpoint - The Chinese government emphasizes the importance of expanding domestic demand as a strategic foundation for long-term development and stability, aiming to enhance the domestic circulation's internal vitality and reliability during the 14th Five-Year Plan period [1][8]. Achievements in Expanding Domestic Demand - Since the 18th National Congress, domestic demand has become the main driving force for economic growth, contributing an average of 93.1% to economic growth from 2013 to 2024, with final consumption and capital formation contributing 55% and 38.1% respectively [2][3]. - By 2024, final consumption expenditure and capital formation will reach 76.3 trillion yuan and 54.8 trillion yuan, respectively, which are 2.7 times and 2.2 times the levels in 2012 [2]. Upgrading Consumption and Investment Structures - The sales of new energy vehicles have ranked first globally for ten consecutive years, with the domestic penetration rate of passenger cars increasing from less than 0.1% in 2013 to 48.9% in 2024 [3]. - The share of service consumption in per capita consumption expenditure rose from 39.7% in 2013 to 46.1% in 2024, while online retail sales of physical goods accounted for 26.8% of total retail sales by 2024, up from 10.8% in 2015 [3]. Policy Framework for Expanding Domestic Demand - The government has implemented various policies to promote consumption and investment, including the "Strategic Plan for Expanding Domestic Demand (2022-2035)" and the issuance of long-term special bonds to support major national strategies [4][5]. Addressing New Challenges in the 14th Five-Year Plan - The 14th Five-Year Plan period presents new challenges, including the need to enhance domestic consumption and investment efficiency, as well as to address the low service consumption ratio compared to developed countries [9][10]. - The government aims to meet the diverse and personalized needs of the population, particularly in areas such as healthcare, education, and cultural tourism, to improve living standards [9][10]. Implementation of Key Projects - The government plans to implement significant engineering projects in urban renewal, strategic transportation, and new energy systems, while also focusing on service consumption infrastructure [14][15]. Promoting a Unified National Market - Efforts are being made to eliminate barriers to market access and improve the efficiency of the domestic market, including reducing the number of negative lists for market entry and enhancing the logistics system [15].

Core Viewpoint - The article emphasizes the importance of implementing a strategy to expand domestic demand, which is crucial for China's long-term development and stability [1] Achievements Since the 18th National Congress - Domestic demand has become the main driving force for economic growth, contributing an average of 93.1% to economic growth from 2013 to 2024, with final consumption and capital formation contributing 55% and 38.1% respectively [2] - By 2024, final consumption expenditure and capital formation reached 76.3 trillion yuan and 54.8 trillion yuan, respectively, which are 2.7 times and 2.2 times that of 2012 [2] - The structure of consumption and investment has continuously upgraded, with the penetration rate of new energy vehicles rising from less than 0.1% in 2013 to 48.9% in 2024 [3] - China has become a globally influential super-large market, with significant growth in per capita consumption of white goods and mobile phones [3] Policy Framework and Implementation - A comprehensive policy framework has been established to promote consumption and investment, including the "Strategic Plan for Expanding Domestic Demand (2022-2035)" [4] - Employment and social security policies have been implemented to increase residents' income, with per capita disposable income growing at an average annual rate of 6.1% from 2013 to 2024 [5] - Major projects in transportation, energy, and ecological protection have been initiated to enhance supply-side advantages and foster new development momentum [6] New Challenges and Requirements for the 15th Five-Year Plan - The 15th Five-Year Plan period is critical for expanding domestic demand amid complex international and domestic conditions [8] - There is a need to address issues such as weak consumer motivation and investment efficiency, as well as barriers in the unified national market [9] - The strategy to expand domestic demand is essential for meeting the diverse needs of the population and improving living standards [9] Strategic Actions for the 15th Five-Year Plan - Efforts will focus on boosting consumer spending by optimizing the environment and reducing restrictions on consumption [12] - Investment structures will be optimized to stimulate private investment and enhance the quality of projects [13] - Major landmark engineering projects will be implemented in key areas such as urban renewal and new energy systems [14] - The construction of a unified national market will be advanced to eliminate barriers and promote the smooth flow of goods and factors [15]

Core Viewpoint - The article emphasizes the importance of implementing a strategy to expand domestic demand, which is crucial for China's long-term development and stability [1] Achievements Since the 18th National Congress - Domestic demand has become the main driving force for economic growth, contributing an average of 93.1% to economic growth from 2013 to 2024, with final consumption and capital formation contributing 55% and 38.1% respectively [2] - By 2024, final consumption expenditure and capital formation will reach 76.3 trillion yuan and 54.8 trillion yuan, which are 2.7 times and 2.2 times the levels in 2012 [2] - The structure of consumption and investment has been continuously upgraded, with the penetration rate of new energy vehicles rising from less than 0.1% in 2013 to 48.9% in 2024 [3] - China has become a globally influential super-large market, with significant growth in per capita consumption of white goods and mobile phones [3] Policy Framework and Implementation - A comprehensive policy framework has been established to promote consumption and investment, including the "Strategic Plan for Expanding Domestic Demand (2022-2035)" [4] - Employment-first policies and social security system improvements have led to an average real growth of 6.1% in per capita disposable income from 2013 to 2024 [5] - Major projects in transportation, energy, and ecological protection have been initiated to enhance domestic demand and supply capabilities [6] New Challenges and Requirements for the 15th Five-Year Plan - The 15th Five-Year Plan period is critical for expanding domestic demand amid complex international and domestic conditions [8] - There is a need to address issues such as low consumer spending and investment efficiency, as well as barriers in the unified national market [9] - The strategy to expand domestic demand is essential for meeting the diverse needs of the population and improving living standards [9] Strategic Actions for Expanding Domestic Demand - Measures to boost consumer spending include optimizing the environment for consumption and reducing restrictions [11] - Effective investment expansion strategies focus on optimizing investment structures and enhancing the efficiency of investments [13] - Implementation of major landmark projects in key sectors such as urban renewal and new energy systems is planned [14] - Efforts to deepen the construction of a unified national market will focus on eliminating barriers and promoting the smooth flow of goods and factors [15]

Core Viewpoint - The article emphasizes the importance of expanding domestic demand as a strategic foundation for China's long-term development and stability, highlighting the need for a complete domestic demand system to support high-quality growth and a new development pattern [3][10]. Achievements in Expanding Domestic Demand - Since the 18th National Congress, China has significantly improved the quality of domestic supply and continuously released consumption and investment demand, with domestic demand contributing an average of 93.1% to economic growth from 2013 to 2024 [4][6]. - Final consumption expenditure and capital formation reached 76.3 trillion yuan and 54.8 trillion yuan in 2024, respectively, which are 2.7 times and 2.2 times the levels in 2012 [4]. - The structure of consumption and investment has been upgraded, with the penetration rate of new energy vehicles reaching 48.9% in 2024 and service consumption accounting for 46.1% of per capita consumption expenditure [5]. Policy Framework for Expanding Domestic Demand - A comprehensive policy framework has been established to promote consumption and investment, including the "Strategic Plan for Expanding Domestic Demand (2022-2035)" and the issuance of long-term special bonds to support major national strategies [6][7]. - Employment and social security policies have been implemented to increase residents' income, with per capita disposable income growing at an average annual rate of 6.1% from 2013 to 2024 [7]. New Challenges and Requirements for the 14th Five-Year Plan - The 14th Five-Year Plan period presents new challenges, including the need to enhance domestic consumption and investment efficiency, as well as to address the low service consumption ratio compared to developed countries [11]. - Expanding domestic demand is essential for countering external shocks and ensuring economic stability amid rising global uncertainties and competition in technology and industry [10]. Implementation of the 14th Five-Year Plan - Key strategies include boosting resident consumption by optimizing the environment and reducing restrictions, as well as expanding effective investment by enhancing the structure and efficiency of investments [14][15]. - Major landmark projects will be implemented in areas such as urban renewal, energy systems, and public service infrastructure to meet the evolving needs of the population [16]. - Efforts will be made to deepen the construction of a unified national market, eliminating barriers to the flow of goods and factors, and promoting a competitive market environment [17].

Core Viewpoint - The Chinese government emphasizes the importance of expanding domestic demand as a strategic foundation for long-term development and stability, aiming to enhance the domestic circulation and promote high-quality growth during the 14th Five-Year Plan period [1][8]. Achievements in Expanding Domestic Demand - Since the 18th National Congress, domestic demand has become the main driver of economic growth, contributing an average of 93.1% to economic growth from 2013 to 2024, with final consumption and capital formation contributing 55% and 38.1% respectively [2][3]. - By 2024, final consumption expenditure and capital formation will reach 76.3 trillion yuan and 54.8 trillion yuan, respectively, which are 2.7 times and 2.2 times the levels in 2012 [2]. Upgrading Consumption and Investment Structures - The sales of new energy vehicles have ranked first globally for ten consecutive years, with the domestic penetration rate of passenger cars increasing from less than 0.1% in 2013 to 48.9% in 2024 [3]. - The share of service consumption in per capita consumption expenditure rose from 39.7% in 2013 to 46.1% in 2024, while online retail sales of physical goods accounted for 26.8% of total retail sales by 2024, up from 10.8% in 2015 [3]. Global Market Influence - China has become a major global market, leading in the consumption of essential goods and services, with a significant middle-income population driving demand [3]. Policy Framework for Expanding Domestic Demand - The government has implemented various policies to promote consumption and investment, including the "Strategic Plan for Expanding Domestic Demand (2022-2035)" and the issuance of long-term special bonds to support major national strategies [4][5]. Addressing New Challenges in the 14th Five-Year Plan - The 14th Five-Year Plan period presents new challenges, including the need to enhance domestic consumption and investment efficiency, as well as to address the low service consumption ratio compared to developed countries [9][10]. Major Projects and Infrastructure Development - The government plans to implement significant projects in transportation, energy, and ecological protection to stimulate domestic demand and improve supply capabilities [6][14]. Enhancing Consumer Spending - Strategies to boost consumer spending include optimizing the environment for consumption, reducing restrictions, and increasing the supply of quality goods and services [12]. Investment Expansion Strategies - The focus is on optimizing investment structures, enhancing the effectiveness of investments, and promoting public-private partnerships to stimulate private investment [13]. Unified National Market Development - Efforts are being made to create a unified national market by removing barriers to market access and improving the efficiency of market operations [15].

Core Viewpoint - The article emphasizes the importance of expanding domestic demand as a strategic foundation for China's long-term development and stability, as outlined in the 15th Five-Year Plan, aiming to enhance the domestic circulation's internal dynamics and reliability [1][8]. Achievements Since the 18th National Congress - Significant achievements in expanding domestic demand have been made, with domestic demand becoming the main driver of economic growth, contributing an average of 93.1% to economic growth from 2013 to 2024 [2]. - Final consumption expenditure and capital formation reached 76.3 trillion yuan and 54.8 trillion yuan in 2024, respectively, which are 2.7 times and 2.2 times the levels in 2012 [2]. - The structure of consumption and investment has been continuously upgraded, with the penetration rate of new energy vehicles rising from less than 0.1% in 2013 to 48.9% in 2024 [3]. Policy Framework and Implementation - A comprehensive policy framework has been established to support the expansion of domestic demand, including the "Strategic Plan for Expanding Domestic Demand (2022-2035)" [4]. - The government has implemented various measures to boost consumption and investment, including the issuance of long-term special bonds to support major national strategies and projects [4][5]. New Challenges and Requirements in the 15th Five-Year Plan - The 15th Five-Year Plan period presents new challenges, including the need to address the weak internal consumption dynamics and improve investment efficiency [9]. - The strategy to expand domestic demand is seen as essential for countering external shocks and enhancing the resilience of the economy [8]. Major Initiatives for Expanding Domestic Demand - Key initiatives include boosting resident consumption by optimizing the environment and reducing restrictions, as well as expanding effective investment by improving investment structures and enhancing project quality [12][13]. - The implementation of significant landmark projects is planned to align with national strategic needs, focusing on urban renewal and major infrastructure [14]. National Market Integration - Efforts are being made to deepen the construction of a unified national market, eliminating barriers to the flow of goods and factors, and promoting a competitive market environment [15].