【纠错】 【责任编辑:吴京泽】 新华社快讯：商务部部长王文涛7月18日在国新办举行的"高质量完成'十四五'规划"系列主题新闻 发布会上表示，我国消费市场规模稳居全球第二，过去四年，社零总额年均增长5.5%，今年有望突破 50万亿元人民币。我国服务消费保持较快增长，居民服务性消费支出占比提升3.5个百分点，达到 46.1%。 ...

记者：蒋志强 【简介】商务部部长王文涛7月18日在国务院新闻办新闻发布会上介绍，"十四五"期间，我国服务 消费进入了快速增长阶段，居民服务性消费支出年均增长9.6%。 新华社国内部出品 【纠错】 【责任编辑:邱丽芳】 ...

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Core Viewpoint - The recent Central Political Bureau meeting emphasized the importance of developing service consumption as a means to effectively unleash domestic demand potential and cultivate new growth points in service consumption [1] Group 1: Service Consumption Development - Service consumption is seen as a "barometer" for macroeconomic observation and a "stabilizer" for improving people's livelihoods [1] - There is a clear trend of personalization, diversification, and quality enhancement in consumer spending, indicating that China has entered a "golden period" for the expansion and upgrading of service consumption [1] Group 2: Optimizing Supply and Demand - The focus should be on optimizing consumption supply to create effective demand, with a need to address the diverse and segmented service consumption needs of different population groups [2] - Policies should be improved to support service consumption, encouraging enterprises to develop specialized service products tailored to specific industries and scenarios [2] - There is a call for deepening reforms in key areas and expanding market access to better meet consumer demand, particularly in sectors with high demand and insufficient supply [2] Group 3: Enhancing Consumer Confidence - Steady income growth is essential for boosting consumer confidence and reducing concerns about spending, which in turn drives service consumption growth [3] - Policies should be implemented to increase employment, support entrepreneurship, and enhance income mechanisms, including raising pension levels and introducing childcare subsidies [3] - Initiatives like trade-in policies for services and subsidies for education, healthcare, and other sectors are suggested to unlock service consumption potential [3] Group 4: Improving Consumption Environment - Establishing a credit database for service enterprises and personnel is crucial for promoting trust and integrity in service consumption [4] - Strengthening consumer rights protection and enhancing regulatory measures against false advertising and fraud are necessary to ensure safe and informed consumption [4] - Improving complaint resolution mechanisms will facilitate easier consumer rights protection, making the consumption experience more reassuring [4]

□ 优化消费供给，以高质量供给创造有效需求； 当前，我国居民消费个性化、多样化、品质化的升级趋势明显，已进入服务消费发展扩容提质的"黄金 期"。推动服务型消费提质扩容，必须把握消费结构升级方向，在供给、需求和市场层面协同发力，切 实让消费者敢消费、能消费、愿消费。 优化消费供给，以高质量供给创造有效需求。我国人口规模巨大，不同人群对服务消费的需求日益细 分，要聚焦各群体服务消费诉求，不断完善支持服务消费的政策体系，引导服务业企业针对细分行业和 具体场景打造特色服务产品，更好满足消费者多样化、多层次、差异化的需求。深化重点领域和关键环 节改革开放，选择市场需求大、有效供给不足的领域，分步、分类、分区域扩大开放，鼓励更多社会资 本和外资进入服务领域，在开放发展中更好满足消费需求。促进"人工智能+消费"发展，不断打造新业 态、新场景，促进数智融合、多业态聚合、多场景交融，为消费者创造更多选择。加强服务领域标准 化、规范化、品牌化建设，增强自主品牌的国内外知名度和影响力，引导高端服务消费回流。 增强消费信心，以增收减负提升消费能力。收入是消费的基础，只有实现收入的稳步增长，才能增强消 费底气，减轻消费后顾之忧，进而带 ...

Summary of Key Points from Conference Call Records Industry Overview - The focus is on the service consumption sector in China, particularly in comparison to developed countries like the US, Japan, and South Korea. The current service consumption in China is relatively low, even when GDP per capita reaches approximately $13,000, indicating significant room for growth in service consumption [1][2][11]. Core Insights and Arguments - **Drivers of Service Consumption Growth**: - Three main drivers identified: urbanization, aging population, and increased government spending on social welfare as GDP per capita exceeds $10,000, known as the Wagner's Law effect [1][4][17]. - Urbanization leads to increased demand for urban public services and lifestyle services [4][12]. - The aging population significantly boosts demand for healthcare and elderly care services [14][17]. - Government investment in social welfare is expected to rise, enhancing consumer spending [15][17]. - **Technological Gaps**: - There exists a technological gap between China and the US in productive services, particularly in information technology and software transmission. China needs to enhance its capabilities in these areas to close the gap and improve productivity, which in turn can lead to wage growth and service sector development [5][19]. - **Employment and Quality of Jobs**: - The rapid urbanization has not been matched by a corresponding increase in high-quality jobs in the service sector, leading to a situation where many workers are forced into low-quality service jobs, exacerbating the issue of "involution" in the service industry [6][7][24]. - **Price Dynamics**: - Service price growth in China has been lower than that of goods, indicating a broader low-price issue that extends beyond manufacturing to the service sector. This necessitates a focus on improving the quality of service supply to stimulate consumer willingness to pay [3][8][9]. - **Comparison with the US**: - The US has seen a significant increase in service sector contribution to GDP, reaching 76% by 2009, while China remains at a lower stage of development. The US has a more integrated productive service sector that supports various industries, while China's service sector is still developing [16][22]. Additional Important Insights - **Future Focus Areas**: - Over the next five years, China is expected to prioritize the development of both productive and lifestyle services, with an emphasis on technological advancements and improved income distribution mechanisms to enhance wages in the service sector [24][25]. - **Potential Growth Areas**: - Specific sectors identified for future growth include information technology, scientific research, wholesale and retail, and health and social work, which show strong demand elasticity with rising income levels [25][26]. - **Challenges in Service Sector**: - The service sector faces challenges such as insufficient high-quality job creation and the need for better integration of productive services with manufacturing to enhance overall economic growth [6][27]. This summary encapsulates the key points discussed in the conference call, highlighting the current state and future potential of the service consumption sector in China, along with the challenges it faces in comparison to developed economies.

Group 1 - The core viewpoint is that during the "14th Five-Year Plan" period, China's service consumption is entering a rapid growth phase, with foreign investment in the service sector, particularly in cultural and tourism, becoming a new hotspot [1][10]. - Major theme parks like Shanghai Disneyland, Beijing Universal Studios, and Shanghai LEGO Land are experiencing a surge in bookings and visitor numbers, reflecting the consumption potential of China's vast market [1][13]. - The opening of the world's largest LEGO Land in Shanghai and the upcoming "Harry Potter Studio Tour" in 2027, with an investment of 2.8 billion RMB, indicate a trend of international theme parks entering the Chinese market [4][7]. Group 2 - The Chinese Theme Park Research Institute's director, Lin Huanjie, expresses optimism about China's favorable investment policies and the large tourist base, which attract international investors [10]. - Theme parks are expected to drive upgrades in surrounding infrastructure such as transportation, hotels, and commercial facilities, creating "theme park economic clusters" [12]. - Research indicates that the consumption multiplier effect of theme parks is approximately 1:18.8, meaning every 1 yuan earned by a theme park can generate 18.8 yuan in overall consumption [15].

Group 1: Theme Parks and Entertainment - The summer of this year saw a surge in bookings and foot traffic at major theme parks in China, such as Shanghai Disneyland and Beijing Universal Studios, highlighting the consumption potential of the vast Chinese market and the increasing foreign investment in service consumption, particularly in cultural tourism [1][4] - The world's largest LEGO park opened in Shanghai, featuring eight themed areas, including the globally debuting "Wukong Xiaoxia" area, showcasing the deep understanding and localization efforts of global IPs in the Chinese market [2] - The investment of 2.8 billion RMB in the "Harry Potter Studio Tour" in Shanghai, set to open in 2027, reflects the growing interest of international theme parks in China's market [2] - The China Theme Park Research Institute indicates that international investors are optimistic about China's favorable investment policies and the large tourist base, which is driving the establishment of world-class theme parks in the country [4] - Theme parks are expected to boost surrounding infrastructure, including transportation, hotels, and commercial facilities, creating "theme park economic clusters." The consumption multiplier effect of theme parks is approximately 1:18.8, meaning every 1 RMB earned by a theme park generates 18.8 RMB in additional consumption [6] Group 2: Foreign Investment in Dining - The dining sector is another area where foreign investment is increasing, with one foreign company opening as many new stores in the past two years as it did in the previous 28 years combined, indicating strong confidence in the growth of the Chinese consumer market [9][10] - The CEO of Subway in China noted that the development of the brand in China significantly contributes to its global performance, highlighting the potential of the Chinese market [12] - The Asia-Pacific president of Subway mentioned that China has become a model for innovation in the region, with local trends and innovations being adopted by other countries [14] Group 3: New Service Industry Trends - The emerging service sector of bonded maintenance is gaining traction, supported by new policies that address business pain points and promote healthy development in this new industry [17] - A German company's bonded maintenance center in China has significantly reduced repair times for medical equipment from 4-6 weeks to 5-7 days, enhancing competitiveness and service capabilities [18][20] - In the first half of this year, the bonded maintenance center completed nearly 2,000 repairs and reported a bonded maintenance import-export value of approximately 9.3 million USD, with a year-on-year increase of nearly 10% in the bonded maintenance import-export value in Shenzhen [22]

Group 1: Policy Impact on Consumption - The "old-for-new" policy has seen a subsidy scale double to 300 billion yuan, with 162 billion yuan allocated in the first half of the year[10] - Retail sales in China grew by 5% year-on-year in the first half of the year, but the monthly growth rate fell from 6.4% in May to 4.8% in June, indicating a slowdown[11] - The consumption multiplier effect of the "old-for-new" policy for home appliances and automobiles decreased from 2.29/2.68 times in Q4 2024 to 1.96/2.11 times in the first half of 2025[15] Group 2: Sector Performance - The service consumption sector is expected to take over from goods consumption as the main driver of growth, supported by policy shifts towards service consumption[2] - The automotive sector saw a significant increase in sales, with over 290 million vehicles scrapped and 370 million replaced in 2024, generating over 920 billion yuan in sales[30] - The consumer electronics sector experienced a decline in retail growth, with the retail growth rate for communication equipment dropping from 33% to 13.9% in June 2025[35] Group 3: Economic Indicators - The macroeconomic environment shows a recovery in upstream industrial prices, while downstream demand continues to decline, particularly in logistics[54] - The real estate sector remains under pressure, with a year-on-year decline in new housing sales area narrowing to -6.6% in June 2025, compared to -13.8% in the previous year[42] - The government plans to issue 4.4 trillion yuan in special bonds for infrastructure projects in 2025, an increase of 500 billion yuan from the previous year[36]

● 本报记者 熊彦莎 7月7日，民政部养老服务司副司长孙文灿在民政部第三季度例行新闻发布会上表示，民政部、商务 部拟于7月至12月举办全国"养老服务消费季"活动，并于7月10日在山东省青岛市举办启动仪式。在此次 活动中，将实施惠老助企政策，降低企业服务成本，推进服务消费与养老再贷款政策落地。 孙文灿介绍，将创新活动形式，打造多元化消费场景。指导各地创新形式组织开展本地区"养老服 务消费季"活动，充分挖掘中秋节"团圆安康"、重阳节"敬老爱老"等传统节日内涵，依规举办养老服务 领域博览会、展销会等，争取培育一批具有地域特色的标志性老年产品用品市集和康复辅具精品展区。 提升服务质效，深入推进居家适老化改造。孙文灿表示，将落实消费品以旧换新政策，鼓励各地优 化补贴申领流程，通过线上"一键申请"、线下社区代办等方式，推进居家适老化改造补贴精准覆盖更多 老年人。鼓励各地通过"硬件升级+智慧赋能"，推动老旧家具更换与智能家居配置相结合，助力老年人 实现从传统居家养老向智慧养老迈进。 加大服务供给，满足老年人高品质生活需要。鼓励各类市场主体在消费季期间，围绕老年人多样化 需求，推出衣、食、住、行、用、医、养、乐等产品及服务， ...