Core Viewpoint - The article emphasizes the importance of boosting consumption as a key driver for economic development and improving the quality of life for citizens, highlighting the government's commitment to implement a comprehensive action plan to stimulate domestic demand [1][2]. Summary by Sections Action Plan Overview - The "Action Plan for Boosting Consumption" includes 30 policy measures across eight sections, focusing on both demand and supply sides to enhance consumer spending and improve living standards [1][2]. Demand-Side Initiatives - The plan places significant emphasis on demand-side policies, particularly aimed at increasing residents' income and reducing their financial burdens. This includes actions to promote wage growth and support employment stability [7][10]. Consumer Confidence and Market Conditions - Recent statistics show that the retail sales of consumer goods reached 83.73 billion yuan in January-February, with a year-on-year growth of 4.0%, indicating a gradual recovery in consumer confidence [4]. However, challenges remain, such as weak consumer sentiment and unmet demand [4][8]. Financial Support and Subsidies - The government plans to allocate 3 trillion yuan in long-term special bonds to support consumption initiatives, doubling the amount from the previous year. This includes direct financial support for various consumer goods and services [10][11][12]. Enhancing Consumer Choices - The plan aims to diversify and enhance the quality of consumer offerings, particularly targeting specific demographics such as the elderly and the younger generation, to meet their unique needs [10][13]. Policy Coordination - The action plan stresses the need for coordinated policies across various sectors, including finance, taxation, and industry, to create a supportive environment for consumption growth [10][14]. Addressing Consumer Concerns - The plan addresses key consumer concerns such as income security, healthcare, and housing, aiming to create a more favorable environment for spending [5][6]. Employment and Income Generation - Employment initiatives are being implemented to ensure job stability and income growth, which are crucial for boosting consumer spending [8]. Holiday Economy and Work-Life Balance - The plan includes measures to enhance work-life balance, such as promoting paid leave and flexible work arrangements, which are expected to stimulate consumption through increased leisure spending [14].