大力提振消费，推进建设强大国内市场，积极扩大自主开放，推动贸易创新发展，拓展双向投资合作空 间，实现"十五五"商务高质量发展良好开局。 会议指出，2026年全国商务系统要自觉把思想和行动统一到党中央决策部署上来，学习好、运用好中央 经济工作会议关于"五个必须"的规律性认识，重点做好八个方面工作： 会议认为，"十四五"时期消费主引擎作用明显增强，贸易强国"三大支柱"更加巩固，利用外资总量稳 定、结构优化，对外投资平稳发展，产供链国际合作有序推进，高水平对外开放步伐加快，多双边经贸 合作不断深化，维护经济安全能力显著提升，为"十五五"时期商务发展奠定坚实基础。 会议强调，2026年是"十五五"开局之年，做好商务工作意义重大。全国商务系统要以习近平新时代中国 特色社会主义思想为指导，深入贯彻党的二十大和二十届历次全会精神，认真落实中央经济工作会议部 署，完整准确全面贯彻新发展理念，加快构建新发展格局，着力推动高质量发展，坚持稳中求进工作总 基调，更好统筹国内经济工作和国际经贸斗争，更好统筹发展和安全，立足商务工作"三个重要"定位， 1月10日至11日，全国商务工作会议在京召开。会议以习近平新时代中国特色社会主义思想 ...

Core Insights - The article emphasizes the importance of boosting consumption as a key driver for economic growth and structural optimization in Inner Mongolia, aligning with national strategies to enhance domestic circulation and sustainable development [1][2][3] Group 1: Policy Direction and Economic Strategy - The 20th Central Committee of the Communist Party of China highlights the need to prioritize consumption as a strategic foundation for economic development, integrating consumer needs with supply-side reforms to stimulate domestic demand [2][4] - Inner Mongolia is encouraged to leverage its unique resources and ecological advantages to enhance market competitiveness and support national consumption initiatives, thereby facilitating a transition from resource dependency to market creation [4][5] Group 2: Consumption as a Growth Driver - Consumption is identified as the core force driving economic growth and supply transformation, particularly in resource-dependent regions like Inner Mongolia, which must cultivate internal growth dynamics through consumption [3][5] - The region aims to modernize its industrial system and promote new productive forces by aligning consumption with supply, thereby fostering a high-quality development path driven by consumer demand [3][6] Group 3: Market Dynamics and Consumer Behavior - The consumption market in Inner Mongolia is experiencing significant growth, with retail sales of consumer goods increasing by 7.2% in the first three quarters of 2025, driven by policy support for sectors like automotive and home appliances [6][7] - The increase in disposable income, particularly in rural areas, is expected to further stimulate consumption potential, contributing to a more balanced economic landscape [7][8] Group 4: Strategic Initiatives for Consumption Enhancement - The article outlines several strategic initiatives to enhance consumption, including improving the consumer environment, optimizing service supply, and creating diverse consumption scenarios to boost consumer confidence and spending [8][10] - Collaboration across various sectors is emphasized to create a supportive ecosystem for consumption, including financial incentives, infrastructure development, and regulatory improvements to ensure a safe and trustworthy market environment [9][10]

Core Viewpoint - The main task of this year's economic work is to establish a "1+1388" work framework, focusing on enhancing quality and efficiency in eight key areas: expanding domestic demand, industrial upgrading, innovation-driven development, reform and opening up, coordinated development, green transformation, social welfare, and safety development [1][2][3]. Group 1: Expanding Domestic Demand - Emphasis on tapping into consumer potential, stimulating market vitality, and enhancing investment efficiency to promote demand expansion and quality improvement [1]. - Development of new consumption formats such as rural e-commerce and instant retail to encourage consumer spending [1]. Group 2: Industrial Upgrading - Support for the "5210N" modern industrial cluster to strengthen industrial groups and promote digital transformation [2]. - Focus on high-end traditional industries, large-scale emerging industries, and collaborative future industries to build a modern industrial system centered on advanced manufacturing [2]. Group 3: Innovation-Driven Development - Implementation of a "five-pronged" approach to enhance innovation capabilities and foster high-tech enterprises with significant R&D investment and market share [2]. - Development of production capacity tailored to local conditions and establishment of industry-education integration communities [2]. Group 4: Reform and Opening Up - Commitment to deepening reforms and expanding the open economy to enhance the business environment and stimulate high-quality development [2]. - Planning for new reform initiatives to inject vitality into the economy [2]. Group 5: Coordinated Development - Promotion of urbanization and rural revitalization, enhancing urban quality and strengthening county economies [2]. - Focus on regional integration and coordinated development across different areas [2]. Group 6: Green Transformation - Adherence to "dual carbon" goals and implementation of major national strategies to build a new energy system and promote pollution prevention [2]. - Efforts to create beautiful cities, villages, and rivers as part of a comprehensive green transformation [2]. Group 7: Social Welfare - Prioritization of social welfare to enhance public services and ensure high-quality population development [3]. - Continuous improvement of social security, medical insurance, and low-income support to increase public satisfaction [3]. Group 8: Safety Development - Focus on integrating safety into development and enhancing overall national security awareness [3]. - Strengthening social governance and risk prevention to build a resilient economy and society [3].

来源：上海证券报·中国证券网 上证报中国证券网讯（卢伊 记者 徐蔚）1月10日，中航证券首席经济学家董忠云在2026年中国首席经济学家论坛年会上发表主旨演讲时表示，2026年中国的 发展势头将愈发强劲。 上证报中国证券网讯（卢伊 记者 徐蔚）1月10日，中航证券首席经济学家董忠云在2026年中国首席经济学家论坛年会上发表主旨演讲时表示，2026年中国的 发展势头将愈发强劲。 在董忠云看来，"十五五"规划建议的核心关键词是内需、科技、开放，具体体现为建设全国统一大市场、以超常规手段聚焦科技突破、推进制度性开放。 在阐述扩大内需的必要性时，他强调，中国必须加快建设全国统一大市场，畅通国际国内双循环，培育强大的内需市场，增强极端情况下的经济韧性。 开放方面，董忠云表示，中国坚持制度性开放，持续扩大高水平对外开放，这既是融入全球经济的需要，也是展现大国担当的体现。他指出，在全球政经格 局变动的背景下，资金始终流向安全稳定、潜力巨大的大国，2026年，部分小国面临的压力可能进一步增大，而中国将成为全球资金的重要"避风港"，为资 本市场提供坚实支撑。 在董忠云看来，"十五五"规划建议的核心关键词是内需、科技、开放，具体体 ...

Core Insights - The article emphasizes China's ability to maintain internal continuity while responding to external challenges, particularly through expanding domestic demand and high-quality growth [1][2]. Group 1: Economic Stability and Growth - China is enhancing its stability by expanding domestic demand and providing support to the global economy through high-quality growth and high-level openness [1][2]. - The country is not relying on short-term stimulus but is focusing on upgrading consumption structures, with significant growth in sectors like new energy vehicles, cultural products, health industries, and high-quality services [2]. Group 2: Innovation and Supply Chain Transformation - China is transitioning from a "scale + cost" advantage to an "innovation + efficiency" advantage, with new growth engines emerging in artificial intelligence, semiconductors, robotics, green energy, and biotechnology [2]. - The country benefits from institutional advantages in innovation policy, including rapid resource mobilization, flexible pilot mechanisms, and high collaboration between local governments and enterprises [2]. Group 3: Global Trade and Investment - In the context of rising uncertainty in global trade and investment, China is committed to high-level openness, which includes further easing market access and improving the business environment [2]. - Companies like Tesla and Schneider Electric have thrived in China by aligning with the country's focus on electric vehicles, digitalization, advanced manufacturing, and energy transition, contributing to China's role as a global innovation and production hub [2]. Group 4: Future Contributions to Global Economy - China's contributions to the world economy extend beyond growth momentum to include structural transformation and green development, particularly through investments in renewable energy, energy storage, and electric vehicles [3]. - The country is significantly lowering the cost barriers for global green technologies, enabling more countries to participate in energy transitions, which will have a profound impact on the world economy [3].

Core Viewpoint - The central economic work conference in 2025 emphasizes the implementation of a more proactive macro policy to enhance the foresight, targeting, and coordination of policies, focusing on expanding domestic demand and optimizing supply [1] Group 1: Policy Implementation - The State Council's recent meeting outlined a package of fiscal and financial policies aimed at promoting domestic demand, including optimizing service industry loans and personal consumption loan interest subsidies [1][2] - The combination of fiscal and financial policies is designed to create a multiplier effect, improving policy effectiveness and encouraging private capital participation [1][3] Group 2: Policy Optimization - Recent policies have been optimized based on market feedback, focusing on enhancing the quality and effectiveness of measures to expand domestic demand [2] - Specific optimizations include adjustments in support scope, subsidy standards, and implementation mechanisms for the "two new" policies [2] Group 3: Support for SMEs - The State Council's meeting highlighted the need for innovative policy tools to support private investment, including the establishment of a special guarantee plan for private investment and mechanisms to share risks for bonds issued by private enterprises [3] - These measures aim to lower financing costs for small and medium-sized enterprises (SMEs) and improve loan accessibility, thereby promoting employment stability, consumption, and investment [3] Group 4: Coordination and Execution - Effective implementation of the fiscal and financial policies requires enhanced collaboration between central and local governments, as well as financial management departments [3] - There is a focus on streamlining processes for loan institutions to provide precise and efficient financial services, ensuring that consumers and businesses benefit from policy incentives [3]

Core Viewpoint - The articles emphasize the importance of prioritizing people's livelihoods to drive economic development, advocating for a strong domestic market as a foundation for modernization and sustainable growth [2][43]. Group 1: Economic Development and Livelihood Improvement - The central economic work conference highlights the need to focus on improving people's livelihoods while expanding development space, integrating consumption and investment to stimulate economic growth [2][43]. - The demand for housing quality and living conditions remains significant, with a projected urbanization rate of 67% for permanent residents by 2024, indicating ongoing housing demand [3][44]. - The shift in consumer preferences towards service-oriented and experiential consumption is evident, with per capita service consumption expenditure increasing from 5,000 yuan to 13,000 yuan from 2013 to 2024, representing a rise from 39.7% to 46.1% of total consumption [4][45]. Group 2: Investment and Consumption Dynamics - The articles advocate for a dual approach to stimulate both consumption and investment, emphasizing their interdependent relationship in driving economic growth [9][51]. - Investment in high-quality urban renewal and affordable housing is essential to meet the evolving housing needs of urban residents, particularly in densely populated areas [4][45]. - The integration of new technologies and creative solutions in product and service offerings is crucial to meet diverse consumer demands, as seen in various regional initiatives [5][46]. Group 3: Policy Support and Economic Governance - Strengthening policy support and reform is necessary to enhance the quality and quantity of consumption and investment, with a focus on improving income distribution and consumer confidence [12][54]. - The government aims to implement measures that facilitate a virtuous cycle of employment, income, consumption, and investment, ensuring a balanced economic development model [6][47]. - The emphasis on localized economic strategies reflects the need for tailored approaches to address regional disparities and promote sustainable growth [34][38].

来源：商务部新闻办公室 1⽉10⽇⾄11⽇，全国商务⼯作会议在京召开。会议以习近平新时代中国特⾊社会主义思 想为指导，深⼊贯彻落实党的⼆⼗⼤和⼆⼗届历次全会精神，认真落实中央经济⼯作会议部 署，坚持稳中求进⼯作总基调，⽴⾜商务⼯作"三个重要"定位，总结2025年和"⼗四五"⼯ 作，研究"⼗五五"⽬标任务，部署2026年⼯作。商务部党组书记、部⻓王⽂涛作⼯作报告， 商务部党组副书记、国际贸易谈判代表兼副部⻓李成钢主持会议。 会议指出，2025年是很不平凡的⼀年。在以习近平同志为核⼼的党中央坚强领导 下，全国商务系统迎难⽽上、奋⼒拼搏，推动党中央、国务院决策部署在商务领域落地⻅ 效，实现商务发展总体平稳、稳中有进，提振消费加⼒显效，对外贸易顶压增⻓，利⽤外 资结构优化，对外投资有序推进，为经济持续回升向好作出积极贡献。 设强⼤国内市场，积极扩⼤⾃主开放，推动贸易创新发展，拓展双向投资合作空间，实 现"⼗五五"商务⾼质量发展良好开局。 会议指出，2026年全国商务系统要⾃觉把思想和⾏动统⼀到党中央决策部署上来， 学习好、运⽤好中央经济⼯作会议关于"五个必须"的规律性认识，重点做好⼋个⽅⾯⼯ 作：⼀是深⼊实施提振消费 ...

Group 1 - The core viewpoint of the article emphasizes the importance of consumption in economic development and improving people's livelihoods, highlighting a steady performance in China's consumption market with a retail sales total of 45.6 trillion yuan, a year-on-year growth of 4.0%, which is 0.5 percentage points faster than the same period last year [2] - The article discusses the implementation of various policies since the beginning of 2025, such as the "Special Action Plan to Boost Consumption," which aims to create a comprehensive support system for consumption through financial and fiscal collaboration, including government subsidies and financial support [3] - It notes a recent slowdown in consumption growth, particularly in retail sales, which have seen a decline for six consecutive months, indicating that insufficient domestic demand remains a prominent issue in the current economic landscape [3] Group 2 - The article highlights a shift in consumer behavior from primarily goods consumption to a balanced focus on both goods and service consumption, with strong demand in areas such as cultural tourism and elderly care services [4] - It emphasizes the potential for service consumption to drive economic growth, citing examples like immersive cultural experiences and community-based elderly care facilities that cater to evolving consumer needs [4] - The article concludes that expanding domestic demand is a top priority for 2026, with boosting consumption being crucial for this goal, and stresses the need to enhance residents' income and strengthen the service consumption sector to unlock the market's potential [4]

Core Viewpoint - The article emphasizes the importance of prioritizing people's livelihoods to drive economic development, advocating for a strategy that combines consumer demand with investment in both material and human resources to create new growth opportunities [3][11]. Group 1: Economic Development and Livelihood Improvement - The 20th Central Committee's Fourth Plenary Session suggests focusing on improving people's livelihoods while expanding development space, highlighting the need for a people-centered development approach [3][11]. - The Central Economic Work Conference stresses the importance of prioritizing livelihoods and providing practical services to the public [3][11]. - Enhancing people's livelihoods is seen as a crucial driver for economic growth, with a strong domestic market being essential for a new development pattern [3][11]. Group 2: Housing Market and Urbanization - There is significant potential for high-quality development in the real estate sector, as many urban residents' housing needs remain unmet despite a substantial total housing stock [4][12]. - By 2024, the urbanization rate for the resident population is projected to be 67%, while the registered population's urbanization rate is below 50%, indicating a gap of nearly 18 percentage points [4][12]. - The demand for improved housing quality is driven by aging properties and uneven distribution, with over 30% of urban residential buildings constructed before 2000 [4][12][13]. Group 3: Service Consumption Trends - There is a notable shift in consumer preferences towards experiential and service-oriented consumption, with spending on service consumption per capita increasing from 5,000 yuan to 13,000 yuan from 2013 to 2024, rising from 39.7% to 46.1% of total consumption [5][13]. - New consumption trends include a focus on emotional and experiential services, such as cultural tourism and wellness, which are becoming increasingly popular [5][13]. Group 4: Employment and Income Generation - To promote livelihoods, it is essential to stabilize employment through policies that support job retention and expansion, as well as vocational training initiatives [7][15]. - Increasing income through improved wage mechanisms and diversified income sources is crucial for enhancing residents' financial stability [7][15]. - A balanced interaction between supply and demand is necessary to achieve livelihood improvements and economic growth, with a focus on removing unreasonable restrictions in the consumption sector [7][15].