Core Insights - The event "Green Source: Qinghai Treasures Enter Shanghai" showcased 50 categories of unique products from 43 Qinghai enterprises, including Tibetan carpets, Qing embroidery, goji berries, and quinoa, during the Shanghai "Five-Five Shopping Festival" [1][3] Group 1: Event Overview - The event took place from April 30 to May 1, featuring a variety of ecological highland products and immersive experiences for attendees [1][3] - Qinghai's cultural and tourism department promoted the province as an international tourism destination, with Olympic champion Qieyang Shenjie endorsing Qinghai products [3] Group 2: Consumer Engagement - Attendees could use a stamp card to explore and taste health-oriented products, learn about lake salt characteristics, and hear stories about intangible cultural heritage at eight distinct product points [3] - The event utilized a "government subsidy + enterprise discount" model to distribute consumption vouchers online, aiming to broaden consumer reach [3] Group 3: Strategic Initiatives - The "Shanghai-Qinghai Quality Products Standard System" version 1.0 was launched to facilitate the entry of Qinghai's organic agricultural products into the Shanghai and Yangtze River Delta markets [5] - Qinghai's Commerce Department emphasized the event as a practical implementation of new development concepts, leveraging Shanghai's status as an international consumption hub to integrate into domestic and international dual circulation [5] Group 4: Culinary Promotion - A tasting promotion for Qinghai's "Home Banquet" was held, featuring collaboration between Hong Kong's Maxim's Group chef and Qinghai noodle artisans, highlighting the natural purity and nutritional value of Qinghai ingredients [7] - The initiative aims to introduce more highland health food ingredients into Shanghai's dining market, enhancing the collaboration between Qinghai and Shanghai and supporting rural revitalization and consumption promotion [7]

Group 1 - The core initiative is the "2025 Purchase in Guangxi - Boutique Shopping Month" series, which aims to distribute over 1 billion yuan in consumer benefits through various discounts and promotions [1] - The event will take place in May and is themed "Purchase in Guangxi · Beautiful Life," focusing on five major areas: renewing life, affordable living, quality living, joyful living, and convenient living [1][2] - Nearly 500 events will be launched to stimulate consumer spending and promote a vibrant market in the second quarter [1] Group 2 - The program includes significant subsidies for trade-ins, such as up to 20,000 yuan for old cars, 600 yuan for electric bicycles, and 2,000 yuan for 24 categories of home appliances [1] - Consumer vouchers will be distributed, including 1.28 million supermarket vouchers available on the Yunshangfu platform and 8% off accommodation vouchers on the "One Key Tour Guangxi" platform [1][2] - A "Global Same Style · Guangxi Exclusive" foreign trade product exhibition will be organized to promote local products through various sales channels, including e-commerce and live streaming [2] Group 3 - The initiative will also focus on nighttime consumption with over 300 themed activities across 14 cities, promoting night shopping, dining, and entertainment [2] - Collaboration with payment platforms like Alipay will facilitate smart payment solutions for 80,000 merchants in key cities [2] - The Business Department will work with various cities to create a comprehensive consumption festival combining policies, activities, and scenarios [2]

Group 1 - The first "Five Five Shopping Season" in Nantong City, Jiangsu Province, was launched on April 30, with a total of 10 million yuan in consumer vouchers distributed across key shopping districts [2] - The event features a collaboration among government, enterprises, and financial institutions, offering various discounts and promotional activities from April 30 to June 27 [2] - The first batch of shopping vouchers was quickly claimed, with 8,777 vouchers being snatched up within 5 seconds on the Alipay platform [2] Group 2 - During the "May Day" holiday, Nantong's major shopping districts will host immersive experience activities such as trendy markets, IP exhibitions, and art performances [3] - The Nantong CBD shopping district will hold an event to promote foreign trade products, helping foreign trade enterprises expand their domestic market share [3]

人民网上海5月1日电 随着五一假期的缤纷开启，上海市令人期待的五五购物节也拉开了大幕。依托春日户外活力场景，以"绿动GO青浦"为主题，青浦区五 五购物节推出了"3+6+11+X"促消费活动矩阵。据悉，将通过3大核心活动、6个产业联动活动、11个街镇特色联动及超百场品牌促销，全面激活春夏消费市 场，为市民与游客打造多元化、沉浸式的消费体验，挖掘青浦商文旅体展农消费特色场景。 3大核心活动，包括"青"快微途汽车消费节、精致消费购享生活节、年"青"力生活消费季，覆盖全域消费需求。 "'青'快微途汽车消费节"深度融入2025国际车展，联动汽车门店与商业地标，打造集购车、试驾、休闲、购物于一体的沉浸式消费场景，推动汽车消费与会 展经济深度融合。 "精致消费购享生活节"以高端零售、品质餐饮、家居美学为核心，联合区内商业综合体，推出精品商品促销活动。 第二届绣球花节通过摄影大赛、儿童节派对、端午民俗体验等多样活动，结合花田露营、主题市集，打造集赏花、文创、美食、娱乐为一体的休闲旅游活 动。 "年'青''力生活消费季"瞄准年轻消费群体，整合购物、体育、玩乐、休闲等内容，联动华为、美的等入驻青浦的产业园区，创新构建"商业综合体 ...

Core Points - The 2025 Yanqing District Food Festival and "Spring Food Light Gathering Yanqing" Spring Snack Festival has been officially launched, lasting for one month [1] - During the "May Day" holiday, events such as the Spartan Warrior Children's Race and the 2025 Beijing Super Strawberry Music Festival will take place in the Beijing International Garden Tourism Resort, promoting dining consumption linked to event tickets [1][3] Group 1 - The food festival features over 20 time-honored snack stalls, including He’s Sauce Pig Face and Yangchun Snacks, attracting numerous visitors [3] - The Yanqing District Business Bureau released the "Yanqing Eat Shuar" guide for evaluating local dining enterprises, aiming to standardize and upgrade brand quality [3] - From May 2 to 4, the 2025 Beijing Super Strawberry Music Festival will be held, alongside the Spartan Warrior Children's Race from May 1 to 3 [3] Group 2 - Visitors with valid tickets or registration information for the music festival and children's race can enjoy significant discounts at popular attractions in Yanqing throughout May, with ticket prices as low as 50% off [3] - The accommodation sector is also offering discounts, with hotel prices starting at 15% off and homestays at 50% off for ticket holders from May 5 to 29 [3] - A promotional consumption policy has been launched in collaboration with the Bank of China, offering a discount of 60 yuan for every 200 yuan spent at select dining establishments in Yanqing from May 1 to 30 [3]

Group 1 - The article emphasizes the role of Jiangsu's unique cultural and scenic resources in boosting local consumption and economic development through various initiatives by the Bank of China Jiangsu Branch [1][5] - The bank is actively enhancing the payment environment in tourist areas like the Slender West Lake, facilitating a seamless experience for visitors and residents [2][5] - The bank's initiatives include the "Green Cloud" business settlement system, which processed 120,000 transactions and generated 100 million yuan in funds in 2024, showcasing its effectiveness in supporting local tourism [2] Group 2 - The bank is promoting traditional crafts like the "random stitch embroidery" through personalized loan solutions and cultural events, aiming to nurture local heritage and attract community engagement [3] - The "Su New Consumption" initiative, launched by the Jiangsu Provincial Department of Commerce, aims to stimulate consumer spending on energy-efficient appliances, benefiting nearly 3 million consumers in Jiangsu [6] - The bank has facilitated significant sales through the "Su New Consumption" program, with participating enterprises achieving sales of 13.7 million yuan in 2024 [6] Group 3 - The bank collaborates with local businesses like Five Star Appliances to address operational challenges and enhance consumer engagement through promotional activities and subsidies [8] - The bank's credit card initiatives and consumer vouchers have successfully driven significant transaction volumes, with credit card spending reaching 35 million yuan in Yancheng [9] - The bank has also played a crucial role in distributing government consumption vouchers, with over 50 million yuan issued in 2024, stimulating consumption exceeding 1 billion yuan [11]

Core Viewpoint - Jimsar County has successfully implemented various consumer promotion measures in 2023, resulting in a significant increase in retail sales and tourism, establishing a strong foundation for economic growth throughout the year [1][4]. Group 1: Consumer Promotion Measures - The total retail sales of social consumer goods in Jimsar County reached 193 million yuan in the first quarter, marking a year-on-year increase of 19.1% [1]. - During key holidays such as New Year's Day and Spring Festival, Jimsar County launched activities like family dinners, car exhibitions, and group purchases, distributing consumption vouchers worth millions, which boosted consumption in key sectors by nearly 7 million yuan [1]. - The Unified People's Supermarket in Jimsar County reported a 70% year-on-year increase in revenue in the first quarter, driven by government-issued consumption vouchers and promotional activities [1]. Group 2: Tourism and Cultural Activities - Jimsar County hosted various tourism and cultural events, including the "North Court New Year Goods Festival" and "Ice and Snow Carnival," attracting 1.4863 million tourists in the first quarter, a year-on-year increase of 4.59% [1]. - Tourism consumption reached 100 million yuan in the first quarter, reflecting a year-on-year growth of 24.39% [1]. - The Hao Wei International Hotel experienced high occupancy rates, with bookings extending into mid-May due to the influx of tourists from cultural and sports events [2]. Group 3: Trade-in Policies and Market Growth - The implementation of the national trade-in policy has led to significant results in Jimsar County, with over 40 merchants participating and generating sales of more than 9 million yuan [4]. - The Jieguan Automobile Trade reported a 60% year-on-year increase in daily customer visits, with sales of over 110 vehicles in the first quarter, doubling their revenue compared to the previous year [4]. - The county aims to leverage trade-in policies and consumer promotion strategies to enhance the consumption environment and stimulate market growth [4][5].

启动仪式现场，百余家店铺组成直播市集，线上线下打造"可逛、可玩、可购"的沉浸式消费新场 景。"企业原先完全依赖出口美国、欧洲，现在积极面向国内大市场，多次补货仍销售一空，让我们对 国内市场的信心倍增！"宜兴市至正陶瓷有限公司总经理王健介绍，目前企业国内销售占比已超20%， 今后将持续增加投入开拓国内市场。 启动仪式上，省商务厅联合京东集团、淘天集团，正式上线"江苏外贸优品专区"，这也是京东和淘 天在全国范围内开设的首个省级外贸优品专区，通过绿色通道、流量支持、供产对接等服务举措，助推 外贸企业拓展内销网络渠道。京东工业、海智在线、汇通达等电商平台现场发布对江苏外贸企业的支持 举措，助力企业降本增效、拓展内销。 本届双品网购节将持续至5月12日，其间江苏全省13个设区市将推出各具特色的主题活动，共同打 造消费促进活动矩阵。 4月28日上午，第七届双品网购节全国启动仪式在无锡举行。作为"购在中国"系列活动的重要组成 部分，本届网购节期间，江苏将以"品牌品质 惠享生活"为主题，围绕品质电商、外贸优品、场景创 新、丝路云品、数商兴产五大主题，开展一系列特色活动，持续释放消费潜力，推动消费提质升级。 双品网购节作为国家 ...

证券研究报告 固收视角 建筑业供需偏弱，商品价格多数上行 华泰研究 吴靖，PhD 研究员 SAC No. S0570523070006 李梓豪 联系人 SAC No. S0570124060040 lizihao@htsc.com +(86) 21 2897 2228 高频数据核心观点 4 月第四周，生产端表现分化，工业方面，上游焦化、高炉等开工率有所上行，但铁路货运、下游纺织与汽车开工率 多数收敛；建筑业表现偏弱，资金到位率、水泥与黑色供需整体运行弱于季节性。地产热度有所下行，新房成交位于 季节性低位水平，二手房成交动能略有转弱，高能级城市尚有韧性，但销售端量价平衡尚未达成，前期略有修复的一 线挂牌价近周下行。美国进口货物到港下滑明显，但国内出口吞吐下滑后又有所修复，外需前景存在不确定性。运价 分化，前景不确定性较强。价格方面，关税预期的反复对价格扰动较大。 1、消费：出行热度维持高位，汽车消费热度略有收敛，快递揽收水平高位运行 2、地产：地产成交热度波动，高能级城市有韧性，房价待企稳 1）新房方面：上周新房成交增速有所回落，各线城市表现均弱于去年同期。 2025 年 4 月 28 日│中国内地 张继强 研 ...

上海市商务委员会发布《第六届上海"五五购物节"总体方案》，方案提出本届购物节将以"品质消费、 创造需求"为主线，通过"政策+活动"双轮驱动，打造全民盛惠、全城联动的消费氛围。购物节将推 出"商圈精品推广节"活动，重点商圈将通过支付平台发放满减券等形式，开展促消费活动。同时，购物 节还将推出15大重点活动IP，包括上海国际美妆节、上海国际咖啡文化节等，以及16个区的"一区一主 题"活动，聚焦不同消费人群和商圈特色。购物节还将加强部门联动、市区联手，形成"1+15+16+X"活 动框架，最大限度激发消费潜力，助力上海国际消费中心城市建设。(上海市人民政府) ...