提振消费大力发展服务消费 今年以来，居民消费需求持续释放，市场供给不断优化，但消费市场回升基础仍需巩固，居民消费信心依然有待增强。专家表 示，本次中央政治局会议强调，要继续深入实施提振消费专项行动，有效释放内需潜力。会议强调，在扩大商品消费的同时，培育服 务消费新的增长点。在保障改善民生中扩大消费需求。 专家称，必须通过体制机制、基础变量的一些调整来产生稳定的消费扩张和消费率的提升。因此，保证居民收入、保证居民资产 负债表、保证社会保障体系和民生建设，是扩消费很重要的抓手。 央视网消息：7月30日，中共中央政治局召开会议，分析研究当前经济形势，部署下半年经济工作。专家表示，这次会议对于"十 四五"圆满收官，开启"十五五"新局面作出了细致部署，指明了重要方向。 政策"持续发力适时加力"强化民生导向 会议指出做好下半年经济工作，要坚持稳中求进工作总基调，保持政策连续性稳定性，增强灵活性预见性，努力完成全年经济社 会发展目标任务，实现"十四五"圆满收官。特别是，宏观政策要持续发力、适时加力。中国宏观经济研究院院长黄汉权表示，下半年 会发生一些变化，跟上半年有不一样的地方，这种情况下就必须要增加政策灵活性，要使得政策 ...

7月31日，"购在中国·乐享广西"离境退税服务消费季在南宁启动，旨在于8月至10月抢抓暑期跨境 旅游及中国—东盟博览会带来的境外旅客消费机遇，释放广西入境消费潜力。现场发布了多语种《广西 离境退税操作指南》，帮助境外游客便利地获取退税政策信息。 《广西离境退税操作指南》有英语、柬埔寨语、印度尼西亚语、老挝语、缅甸语、泰语、越南语等 多个语种。境外旅客可在南宁、桂林、防城港等地的退税商店、旅游景点、离境口岸等场所领取。 通过登录"一键游广西"平台，游客能获取操作指南电子版和讲解视频，并可获取多语种《广西离境 退税消费地图》，能实时导航至广西各地退税商店。该平台同时提供离境退税政策资讯，以及热门旅游 路线、特色美食、精品住宿攻略。 "购在中国·乐享广西"离境退税服务消费季，是贯彻落实大力提振消费、扩大入境消费决策部署， 推进实施商务部"购在中国"和"服务消费季"系列活动的具体举措。消费季期间，主办方自治区商务厅、 广西税务局等7部门将组织全区近70家退税商店推出超100场促销活动。2025北部湾开海节、贵港"万人 品小龙虾"、玉林啤酒音乐节、梧州啤酒节等系列美食活动，以及东盟国际音乐节、环广西公路自行车 世界巡回 ...

Economic Stability and Growth - The city aims to stabilize employment, enterprises, markets, and expectations through various measures to expand effective demand and enhance economic recovery [2][4] - A special action plan for boosting consumption has been implemented, focusing on increasing income, improving service consumption quality, and enhancing the consumer environment [2][3] Service Consumption Promotion - The city plans to enhance service consumption by improving supply quality, developing cultural and tourism resources, and promoting sports events [2] - The goal is to create a cultural consumption hub and improve the quality of life services [2] Inbound Consumption Expansion - Shanghai received nearly 6.71 million inbound travelers last year, a year-on-year increase of 84%, highlighting the importance of inbound tourism for local consumption [3] - The city aims to optimize the tax refund environment for outbound travelers, with a target of over 3,000 tax refund stores by 2027 [3] New Consumption Cultivation - The city will focus on developing digital consumption, self-care consumption, and the "first launch economy," with over 3,500 brands launching in Shanghai last year [3] - The "Silver Economy" targeting elderly consumers will be promoted, with support for products and services tailored to their needs [3] Investment Expansion - The city has been allocated a new bond quota of 138.6 billion yuan, with a focus on infrastructure, emerging industries, and urban renewal projects [4] - The aim is to expedite project initiation and construction to generate tangible work output [4] Business Environment Reform - The city has launched the 8.0 version of the business environment reform action plan, focusing on optimizing policy services and reducing administrative checks [4][5] - A total of 378 policy items have been made available for enterprises without application, benefiting over 4 million services [4] Technology Innovation and Industry Integration - The city emphasizes the importance of technology and industry innovation as a pathway to develop new productive forces [6] - Plans include increasing high-quality technology supply and supporting basic research funding to rise from 11% to 15% of total R&D expenditure by 2027 [6] Enterprise Innovation Support - The city aims to strengthen the role of enterprises in technology innovation, promoting collaboration between industry, academia, and research [7] - A target of around 20,000 specialized and innovative small and medium-sized enterprises is set for 2030 [7] Open Platform Enhancement - The city is working on enhancing major open platforms to align with international trade rules and improve competitiveness [8] - Specific actions include reforming customs special supervision areas and providing integrated services for enterprises going global [9][10] Public Service Improvement - The city is committed to improving public services, focusing on employment stability and community health services [11][12][13] - Initiatives include enhancing community health service capabilities and ensuring better access to quality medical resources [13]

Core Viewpoint - The implementation of personal consumption loan interest subsidy policies and service industry loan interest subsidy policies aims to alleviate credit burdens for residents with genuine consumption needs and to support service-oriented consumption, thereby stimulating market activity and economic growth [1][2][3]. Group 1: Policy Implementation - The State Council's meeting emphasized the importance of fiscal and financial collaboration to boost consumption and activate the market by focusing on both personal consumption and service industry loan demands [1][2]. - The policies are seen as a form of "national subsidy" in the financial sector, aimed at reducing credit costs for residents and financing costs for service industry entities, thus enhancing consumption potential and market vitality [2][3]. Group 2: Financial Institutions' Role - Financial institutions are encouraged to design matching interest-subsidized loan products and ensure compliance in fund usage, with a focus on specific consumption scenarios [4][5]. - Institutions should actively identify financing needs among small and medium-sized enterprises in sectors like catering, housekeeping, and childcare, especially those affected by the pandemic or planning expansion [5]. Group 3: Consumer Financing Products - Financial institutions have accelerated the launch of consumer financing products tailored to consumption upgrades, such as "Consumption Upgrade Loan" and "Green Consumption Loan" [6]. - A roadmap for financial support to boost consumption has been outlined, combining credit support, scenario discounts, and green incentives to lower consumer costs and enhance willingness to spend [6].

会议指出，对个人消费贷款和服务业经营主体贷款进行贴息，有利于通过财政金融联动的方式，降低居 民信贷成本和服务业经营主体融资成本，更好激发消费潜力、提升市场活力。 新华社北京7月31日电（记者申铖）31日召开的国务院常务会议，部署实施个人消费贷款贴息政策与服 务业经营主体贷款贴息政策。 "从消费品以旧换新政策，到此次会议部署的两项贷款贴息政策，体现了宏观政策多措并举着力促消 费。"中国社科院财经战略研究院财政研究室主任何代欣说。 会议称，要抓好贴息政策组织实施，加强部门协同，简化办理手续，推动政策尽快落地，同时严格监管 提高资金使用效益，确保财政资金用好用到位。 何代欣表示，实施两项贷款贴息政策，涉及财政、金融、商务等多个部门，相关部门和地区应加强协 调，尽快确定政策细则和实施路线，将惠企利民的好政策落到实处。 "这两项贷款贴息政策，分别从供需两端发力提振消费。"何代欣说，其中，对服务业经营主体贷款进行 贴息，有助于为相关经营主体提供更多支持，扩大优质服务供给，进一步促进服务消费。 ...

Core Insights - The popularity of the grilled fish restaurant "烤匠" has led to long queues, with customers often waiting until after 1 AM to be seated, indicating strong demand and brand appeal [1][2] - In 2024, China's catering consumption is projected to reach 5.57 trillion yuan, accounting for 11.4% of total retail sales, highlighting the significance of the food and beverage sector in the economy [1][6] Company Performance - 烤匠 has opened three locations in Beijing, all of which experience immediate queues upon opening, with the first store at 合生汇 seeing over 2,000 reservations in a single day [1][3] - The restaurant's focus on authentic spicy grilled fish has resonated with consumers, leading to a strong customer base and repeat visits [3][4] Industry Trends - The catering industry is undergoing structural adjustments, with a shift from low-price competition to enhancing service quality and unique dining experiences [4][5] - Data from Meituan indicates that the proportion of restaurants scoring above 3.6 has significantly increased, while those scoring 3.5 and below have decreased, suggesting a market trend towards higher quality dining options [5] - The expansion of local cuisine brands like 烤匠 and 费大厨 into major cities reflects a growing trend of regional specialties gaining national popularity through standardized and chain marketing strategies [6][7]

今年下半年，扩内需增量政策信号持续释放；"反内卷"将是重要政策议题；围绕稳住楼市股市，下半年 仍会有政策部署……近日，多部门召开经济形势座谈会、年中工作会或相关发布会，透露了下一步工作 重点。 2025年是"十四五"规划的收官之年，上半年 GDP（国内生产总值）增速达到5.3%。近日，多部门召开 经济形势座谈会、年中工作会或相关发布会，透露了下一步工作重点。专家表示，下半年政策主线仍将 聚焦扩内需、"反内卷"、稳楼市股市等方面。 全方位扩大内需 全方位扩大国内需求是今年重点任务之首，下半年扩内需增量政策信号持续释放。 7月16日召开的国务院常务会议研究做强国内大循环重点政策举措落实工作，并作出一系列针对性部 署，涉及扩大新兴服务业等领域投资、优化消费品以旧换新政策等。 "扩大内需""提振消费"成为各部门提及下一步施策重点时的高频词。近日，财政部在上半年财政收支情 况新闻发布会上提到，下一步将按照《提振消费专项行动方案》部署，加快出台提振消费增量政策举 措，引导地方提升消费环境，优化消费供给。国家发展改革委则多次强调，扩围提质实施"两新"政策， 加力实施"两重"建设。 消费品以旧换新是当前扩大内需的重要抓手。据 ...

Group 1 - The core viewpoint of the meeting is to analyze the current economic situation and deploy economic work for the second half of the year, aiming for a successful conclusion of the "14th Five-Year Plan" and the initiation of the "15th Five-Year Plan" [1] - The meeting emphasizes the need to maintain a stable and progressive work approach, ensuring policy continuity and stability while enhancing flexibility and foresight to achieve annual economic and social development goals [3][5] - The macroeconomic policy focus includes stabilizing employment, enterprises, markets, and expectations, with a continuous strengthening of the policy's orientation towards people's livelihoods [7] Group 2 - The meeting highlights the importance of boosting consumption and developing service consumption, indicating that while expanding commodity consumption, new growth points in service consumption should be cultivated [10][12] - Experts note that service consumption is increasingly significant as living standards rise, and it is a primary direction for consumption upgrading, which aligns with the public's aspirations for a better life [14][16] - Service consumption plays a crucial role in meeting livelihood needs, promoting consumption industry upgrades, and creating new consumption scenarios, which is beneficial for achieving a virtuous cycle of internal and external circulation [18]

央视网消息：7月30日，中共中央政治局召开会议，分析研究当前经济形势，部署下半年经济工作。专家表示，这次会议对于"十四五"圆满收 官，开启"十五五"新局面作出了细致部署，指明了重要方向。 国家发展改革委国家信息中心研究员魏琪嘉表示，在稳企业、稳就业、对低收入群体的保障方面，要加大政策力度，进一步体现政策民生温 度，为整个发展创造一个良好的环境。 提振消费 大力发展服务消费 会议指出做好下半年经济工作，要坚持稳中求进工作总基调，保持政策连续性稳定性，增强灵活性预见性，努力完成全年经济社会发展目标任 务，实现"十四五"圆满收官。特别是，宏观政策要持续发力、适时加力。 中国宏观经济研究院院长黄汉权表示，上半年，我国经济增长实现良好开局、平稳增长，这都得益于实施了更加积极有为的宏观政策。为了下 半年保持经济持续稳定增长，需要在政策方面保持持续性和稳定性。如果下半年会发生一些变化，跟上半年有不一样的地方，这种情况下就必 须要增加政策灵活性，要使得政策更加精准发力。 从宏观经济政策的着力点上来看，会议强调，着力稳就业、稳企业、稳市场、稳预期，宏观经济政策的民生导向不断强化。 2025年以来，居民消费需求持续释放，市场供给 ...

华西证券首席经济学家刘郁分析表示，此次会议重申了4月会议提出的四稳（稳就业、稳企业、稳市 场、稳预期），但未提 "增量储备政策"，会议提出"宏观政策要持续发力、适时加力"，接下来或是前 期已经确定的政策继续向前推进，而政策加力的前提是适时。考虑到上半年经济增长5.3%，意味着下 半年达到4.7%左右，即可完成全年目标，因而政策即刻加码的必要性较低。在经济面临下行压力等情 况下，政策也仍有适时加力的空间。 招商证券策略研究团队谈到，整体来看，本次会议表态积极，整体偏中长期部署，增量信息相对有限， 符合市场预期。这或主要缘于上半年GDP高增至5.3%，经济表现较好，后续完成增量目标的压力有 限。 首席热议下半年是否有降息空间 券商首席聚焦中央政治局会议。 7月30日中共中央政治局召开会议，分析研究当前经济形势，部署下半年经济工作。在多名券商首席看 来，"稳中有进""适时加力""落实落细""提振消费""治理无序竞争"等表述值得重点关注。 本次会议受到市场关注的另一大原因在于，会议决定10月召开二十届四中全会，研究制定国民经济和社 会发展第十五个五年规划（又称"十五五"规划），为新的五年发展擘画蓝图。 保持稳定性和连 ...