Group 1 - The success of films in the Chinese market, such as "Ne Zha" and "Zootopia 2," highlights the significant influence of China's consumer market on global box office performance, with "Ne Zha" grossing 15.9 billion yuan globally and "Zootopia 2" contributing approximately 539 million USD from China, nearly double that of North America [2] - China's domestic market, with a population of 1.4 billion, has the potential to create a modern industrial system comparable to that of Europe, the US, and Japan, as stated by Li Xiangqun from Hejun Consulting [3] - The retail sales total in China increased from 39.1 trillion yuan in 2020 to 48.3 trillion yuan in 2024, reflecting an annual growth rate of 5.5%, positioning China's retail market at approximately 80% of the US's total, but with a purchasing power that exceeds the US by 1.6 times [4][5] Group 2 - China maintains its position as the world's largest consumer market, with significant growth in sectors such as online retail, automotive sales, and home appliances, all leading globally [5] - The establishment of the Hainan Free Trade Port has led to a surge in consumer spending, with duty-free shopping reaching 1.1 billion yuan in the first week post-closure, marking a year-on-year increase of 54.9% [5] - The CMF report indicates that China's unique market characteristics, including its comprehensive industrial categories and manufacturing capabilities, provide a competitive edge in global markets, making it a critical player in the ongoing geopolitical landscape [6][8] Group 3 - The "new three items" in China's economy, including electric vehicles and solar energy, have not only led global sales but have also transformed the competitive landscape of the automotive industry and renewable energy sectors [7] - The Chinese government emphasizes the importance of expanding domestic demand as a strategic focus for economic development, aiming to enhance consumer spending and investment [7][8] - The establishment of a stable business environment and a unified market is essential for realizing the potential of China's large market, which requires strong top-level planning to overcome regional economic barriers [8]

近期，全国住房城乡建设工作会议为明年的房地产市场定下了基调。核心思路很明确，不搞"大水漫 灌"，而是针对当前市场的关键问题，实施一套精准的"组合拳"来稳市场、促健康。 重点主要围绕三个方面展开，一是消化现有库存，鼓励地方政府收购空置商品房，转为保障房、人才房 等，让闲置房子发挥作用；二是支持合理购房，重点建设品质更好的"好房子"，并帮助想换房的家庭顺 利"卖旧买新"；三是守住安全底线，通过设立融资"白名单"、严管预售资金等措施，预防风险、稳定市 场信心。 虽然这些措施直接针对的是房地产行业本身，但如果我们放到当前整个经济大环境中去看，就能理解其 背后更深的意义。 除了要让楼市稳住，我觉得还有重要的一点，是要让中国经济在外部增长动力放缓的背景下，通过激活 房地产这个关键环节，来带动内需、疏通国内经济循环。 全球经济增长的引擎在减弱，地缘政治的摩擦却在升温。 所以，那种高度依赖国际市场、靠外部需求拉动国内生产的"外循环"模式，风险正变得越来越大。我们 引以为傲的产业链，不能再只把安全感建立在遥远的海外订单上，就好比一艘巨轮，不能永远只依靠吹 向特定方向的风。 那，具体可能会如何与扩大内需这一国家战略相衔接？又如何 ...

Group 1: Economic Overview - The central economic work conference highlighted the prominent contradiction of "strong supply and weak demand" in the current economic situation, emphasizing the need to prioritize domestic demand and build a strong domestic market as the top task for the coming year [1] - China's economy benefits from a super-large market and a complete industrial system, which serves as a solid foundation for balancing supply and demand and is a rare resource for global cooperation and competition [1] - Domestic demand has gradually become the main driving force and stabilizing anchor for economic growth, supported by steady income growth, deepening urbanization, and continuous upgrading of consumption structure [1] Group 2: Supply-Side Analysis - China possesses the world's most complete and largest industrial system, with strong production capacity, comprehensive supporting capabilities, and increasingly enhanced innovation capabilities [2] - The supply-side structural reforms have improved the quality and efficiency of the supply system, leading to rapid development in high-tech industries and new business models, which provide solid support for meeting the continuously upgrading demand [2] - The relationship between supply and demand is dynamic and interdependent, where new demand can stimulate new supply, and new supply can create new demand [2] Group 3: Challenges and Strategies - Insufficient domestic demand is identified as a major challenge facing the current economic operation, necessitating the expansion of new spaces for demand growth through measures that combine improving livelihoods and promoting consumption [2] - Specific actions include implementing special measures to boost consumption, formulating urban and rural resident income increase plans, and optimizing the environment to unleash consumption potential [2] - The deepening of supply-side structural reforms relies on innovation to continuously shape new economic development dynamics and advantages, enhancing the resilience and security of industrial and supply chains [3]

Core Viewpoint - The year 2025 is pivotal for China's economy, emphasizing the need for internal strengthening to address external challenges and ensure sustainable development [1] Group 1: Expanding Domestic Demand - The potential of China's consumer market is significant, necessitating the implementation of actions to boost consumption and increase residents' income [2] - Effective investment is crucial for expanding domestic demand, stabilizing growth, and promoting transformation, with a focus on both physical and human capital [2] - Efforts should be made to streamline the national market and eliminate barriers to investment, ensuring a unified market [2] Group 2: Fostering Technological Innovation - Emphasizing innovation as a key to overcoming challenges, the focus should be on enhancing innovation capabilities and improving quality and efficiency [3] - Establishing international technology innovation centers in key regions is essential for fostering original innovation and supporting China's modernization [3] - A comprehensive plan for education, technology, and talent development is necessary to meet high-quality development needs and international competition [3] Group 3: Risk Mitigation - Proactive risk assessment and management are vital for maintaining strategic control and enhancing resilience in development [4] - Progress has been made in addressing risks in key areas, including local government debt and small financial institutions, while ensuring systemic risk is avoided [4] - Policies must be coordinated to stabilize the real estate market and manage local government debt effectively, promoting sustainable development [4] Group 4: Strategic Focus and Leadership - Maintaining strategic focus and enhancing internal capabilities are crucial in the face of increasing uncertainties [5] - Strengthening the Party's leadership over economic work is essential for ensuring effective governance and unified efforts across regions [5] - Local governments and departments should tailor their approaches to implement central policies, enhancing internal motivation and competitiveness [5]

作为经济大省，"十五五"开好局、起好步至关重要。 12月22日，省委经济工作会议召开，总结2025年经济工作、分析当前经济形势，系统部署2026年任 务，在全省经济界持续引发热烈反响。 大家一致表示，省委分析形势深刻精准，目标设定科学合理，部署任务清晰明确，新的一年，坚决 扛好经济大省挑大梁的责任，勠力同心、真抓实干，以扎实有效的工作确保"十五五"良好开局，为全国 大局多作贡献。 把握战略机遇，因地制宜发展新质生产力 党中央决定将上海国际科技创新中心扩围至长三角，对江苏而言，既是重大机遇也是重大责任。省 委经济工作会议上"因地制宜发展新质生产力"的部署，得到经济界热烈响应。 省国信集团党委书记、董事长吴本辉表示，作为全省能源保供的主力军和金融服务的排头兵，省国 信集团将坚定不移深入贯彻落实省委部署要求，把握战略机遇，服务发展大局，做强做优主业，准确识 变、科学应变、主动求变，充分发挥好国有资本投资运营功能，统筹谋划一批重大平台、重大项目、重 大改革，着力开辟投资增量空间、强化创新主体地位、提升产业支撑作用、深化体制机制改革，为全省 国有经济布局优化和结构调整展现更大作为。 "省委经济工作会议为我们做好下一步工 ...

Core Viewpoint - The article discusses the strategic initiatives and goals of Ziyan Food in response to the Central Economic Work Conference's emphasis on expanding domestic demand and optimizing supply, aiming for high-quality and sustainable growth in 2026 [3][4]. Group 1: Strategic Initiatives - Ziyan Food plans to enhance operational efficiency and profitability for each store through improved dealer training, precise marketing support, and efficient supply chain management [3][5]. - The company recognizes the importance of boosting consumer confidence and activating market potential as a shared responsibility between enterprises and society [4][5]. - The core initiative for expanding domestic demand focuses on refreshing the brand and products, particularly targeting the younger consumer demographic [3][4]. Group 2: Goals for 2026 - Ziyan Food aims to achieve healthy and quality scale expansion with a dual focus on deepening domestic operations and breaking into overseas markets [4][5]. - The company intends to develop a richer and more adaptable product matrix centered around consumer needs, including targeted products for various consumption scenarios [5][6]. - In terms of business line expansion, Ziyan Food will diversify its offerings while consolidating its leading position in the prepared food sector, exploring B2B opportunities, and optimizing supply chain efficiency [6].

Core Viewpoint - The meeting emphasized that expanding domestic demand is a strategic foundation for building a new development pattern and is crucial for stimulating market vitality and countering external environmental changes [1] Group 1: Economic Strategy - The government aims to integrate the spirit of Xi Jinping's important article with the implementation of the 20th National Congress and the Central Economic Work Conference, focusing on core principles and practical requirements [1] - The strategy includes seizing national policy opportunities and actively participating in the construction of a unified national market [1] Group 2: Consumer and Investment Promotion - The government plans to continuously expand consumption scale by integrating consumption promotion with improving people's livelihoods, implementing a trade-in policy for consumer goods, and enhancing market vitality [2] - There is a focus on enriching new consumer supply by developing new cultural districts and high-quality consumption scenic spots, tapping into the potential of the health and wellness tourism industry, and accelerating real estate development [2] - The government aims to promote trade and expand the level of openness, including enhancing the quality of tax refund stores and optimizing inbound consumer services [2] Group 3: Project Planning and Support - The meeting highlighted the importance of project planning and reserves, focusing on new infrastructure, strategic emerging industries, and social welfare to support economic and social development during the 14th Five-Year Plan period [2]

中央经济工作会议在分析当前经济形势时指出，"国内供强需弱矛盾突出"，并将"坚持内需主导，建设 强大国内市场"列为明年重点任务之首。在外部环境变化影响加深，国内供强需弱矛盾突出的情况下， 必须以更强的紧迫感和主动性，更好统筹扩大内需和深化供给侧结构性改革，着力打通经济循环卡点堵 点，推动形成需求牵引供给、供给创造需求的更高水平动态平衡，加快实现国民经济良性循环。 我国经济拥有超大规模市场和完整产业体系显著优势，这是统筹供给与需求的坚实基础，也是参与全球 合作与竞争的稀缺资源。从需求侧看，中国是超大规模经济体，内需为主导、内部可循环是大国经济的 独特优势。我国有全球最大最有潜力的消费市场，内需已逐步成为拉动经济增长的主动力和稳定锚。随 着居民收入稳步增长、新型城镇化深入推进、消费结构持续升级，未来扩大内需仍有巨大潜力和空间。 内需不足是当前经济运行面临的主要挑战。拓展内需增长新空间，要坚持惠民生和促消费紧密结合，从 增收减负、丰富供给、减少限制、优化环境等方面入手激发消费潜力。深入实施提振消费专项行动，制 定实施城乡居民增收计划。把扩大消费与因地制宜发展新质生产力结合起来，扩大优质消费品和服务供 给。清理消费领域 ...

□ 本报评论员 经济工作千头万绪，抓住关键，就能做到纲举目张，以重点带动全局。日前召开的江苏省委经济工作会 议，深入学习贯彻落实中央经济工作会议精神，紧密结合省情实际和发展阶段性特征，系统部署了八项 重点任务，为我省做好明年经济工作明确了主攻方向。 促进城乡区域协调发展，是拓展高质量发展新空间的重要举措。要联动推进长三角一体化发展和长江经 济带发展，深化"1+3"重点功能区建设，做好区域互补、跨江融合、南北联动大文章。同时，必须更好 统筹发展和安全，守牢安全稳定底线。着力稳定房地产市场，稳妥化解地方政府债务风险，深化安全生 产整治，确保社会大局和谐稳定。 凡事有其要，执其要者事成。全省各地各部门要深刻领会省委经济工作会议精神，紧扣八项重点任务， 将其实化细化为抓经济工作的具体举措，以实际行动体现"走在前、做示范"的责任担当。 要有效释放内需潜力，在保障和改善民生中扩大消费需求。当前，经济运行中供需矛盾较为突出，这要 求我们一方面扩大优质商品和服务供给，增强供需适配性；另一方面把民生关切作为扩大内需的着力 点，通过实施城乡居民增收计划、健全社会保障体系、优化公共服务供给，切实提升居民消费能力和意 愿。同时，要切 ...

Core Viewpoint - The central economic work conference emphasizes expanding domestic demand as a top priority for the coming year, with consumer finance companies playing a crucial role in promoting consumption potential through financial support [1]. Group 1: Policy Support and Industry Development - The consumer finance industry is entering a new phase of high-quality development, supported by macro policies and targeted actions from financial institutions [1]. - Various policies have been introduced throughout the year to bolster consumer finance, including guidance from the financial regulatory authority and the implementation of interest subsidies for personal consumption loans [1][2]. - Consumer finance companies are encouraged to focus on demand-side needs and provide tailored financial services to enhance consumption [1]. Group 2: Targeting Consumer Segments - Consumer finance companies are advised to target underrepresented groups such as young workers, new citizens, and residents in rural areas, while also expanding into service-oriented consumption sectors like education and healthcare [4]. - The industry aims to serve middle and low-income groups effectively, with a focus on innovative product offerings and technology empowerment [2][3]. Group 3: Technological Advancements and Digital Transformation - Consumer finance companies are investing in technology to enhance service quality and operational efficiency, with significant patent acquisitions supporting their digital transformation [4]. - The industry faces challenges such as uneven risk control capabilities and high customer acquisition costs, prompting a shift towards innovative risk management solutions [5]. - Companies like Ant Group are pioneering AI-driven risk control systems to better serve underbanked populations, demonstrating a shift from traditional data reliance to understanding real consumer needs [5]. Group 4: Social Responsibility and Financial Inclusion - Consumer finance companies are actively contributing to social responsibility by providing financial relief measures and supporting poverty alleviation efforts [3]. - The industry is committed to building a healthy credit environment and enhancing financial service accessibility for diverse consumer groups [3].