我们年年都在谈刺激消费，很多人听了很刺耳。 因为消费从来不是刺激起来的，它是有条件的；对主要消费群体来说，首先是就业的保障，如果企业在做缩表，即便今天有工作的人，也不敢消费。在北京 这样的大城市，一个中等收入家庭的开支，要覆盖房贷、二胎养育、孩子的教育、父母的养老以及医疗费用，是一笔不小的负担，今天没了工作，明天整个 天就塌了。 增加收入是刺激消费的第二个支点。 新的一年又将是刺激消费的大年，消费补贴将增加一倍以上。但能否有效刺激消费，仅靠消费补贴是不够的。决定老百姓买房买车的，不是补贴，而是稳定 的就业与收入预期，是坚实的社会保障托底。 失去了这三个支点，刺激消费就成了提前透支未来的消费，不可持续。 那么，谁能提供就业与收入的预期，谁能扩大财政的税基？是占比 95% 以上的市场主体，它们代表着中国的未来，重建资本对中国市场的信心，比刺激消 费来得更有效。 社会保障托底是刺激消费的第三个支点。 27 - 17 8 FF FLED 000 1 10000 1 #9 ij 12 - 11 H t in TI 就业是扩大内需的第一个支点。 生活是动态中的平衡，开支也是动态中的平衡。国家为什么要保持 5% 的 GDP ...

而这一切，只是625亿元超长期特别国债的第一波火力。这笔钱已提前下达地方，专为点燃元旦、春节消费旺季。说白了，国家怕你不敢花钱，干脆把钱 塞进你口袋，逼你升级生活！老旧高耗电冰箱还在嗡嗡响？淘汰它！四年前的卡顿手机还在用？换掉它！国家不仅鼓励你换，还倒贴钱让你换！ 港媒惊呼：这哪是刺激消费？分明是"全民资产焕新计划"！背后逻辑清晰得可怕——一边拉动内需稳经济，一边加速淘汰落后产能，推动绿色低碳转型， 顺便扶持国产智能终端产业链。华为、小米、格力、美的们，怕是要笑醒。 当然，精明的消费者也得擦亮眼：商家会不会先涨价再补贴？旧机回收是否规范？补贴名额会不会秒光？但无论如何，这场由国家主导的"消费狂欢"，已 是箭在弦上。2026年开年第一波红利，错过再等一年！ 当别人还在算年终奖，聪明人已经开始盘算：我家那台老电视，能换多少国家补贴？ 家电党先别眨眼——冰箱、洗衣机、电视、空调、电脑、热水器，六大件全在名单上。买一台万元高端变频空调？国家立马返你1500元！这可不是抽奖， 是实打实的政策红包。更狠的是，每人每类限补一件，但六类全换，轻松省下9000元，够一家人春节三亚度假了！ 更令人瞠目的是，手机、平板、智能手表、 ...

Economic Growth and Development - In 2024, Shanghai's GDP surpassed 5 trillion yuan, marking a new stage in its economic and social development [1] - In the first three quarters of this year, Shanghai's GDP exceeded 4 trillion yuan, with a year-on-year growth of 5.5%, outpacing the national average [1] - Shanghai has made significant progress in seven key areas: technological innovation, business environment, openness, consumption stimulation, foreign trade stability, investment promotion, and regional collaboration [1] Leading Industries - Shanghai's three leading industries—integrated circuits, biomedicine, and artificial intelligence—have shown remarkable growth, with manufacturing output increasing by 8.5% year-on-year [3] - The biomedicine sector is expected to exceed 1 trillion yuan this year, with nine innovative drugs and nine innovative medical devices approved for market [3] - The artificial intelligence sector grew by 12.8%, while integrated circuits grew by 11.3% [3] Business Environment Improvement - Shanghai has implemented an "8.0 version" action plan with 58 measures to optimize the business environment, continuing its annual tradition since 2018 [5] - The city has introduced a "check code" system for administrative inspections, achieving a near-complete implementation of "no code, no inspection" [5] - The "Shen Dui" platform for precise service policies has been launched, allowing businesses to access benefits without application [5] Foreign Trade and Investment - Shanghai's foreign trade policies have been bolstered by tax support, customs facilitation, and financial guarantees, leading to a 5.4% year-on-year increase in total foreign trade to 3.34 trillion yuan [10] - The city has seen a steady increase in exports, reaching 1.48 trillion yuan in the first three quarters, with a growth rate of 11.3% [10] - Shanghai has become a hub for foreign investment, with 1,066 regional headquarters and 633 foreign R&D centers established [11] Consumption Recovery - Shanghai's social retail sales have turned positive, with a year-on-year growth of 5% in the first eleven months [8] - The city has implemented a series of policies to stimulate consumption, including subsidies for replacing old appliances and expanding the scope of automobile trade-in subsidies [8] - A total of 1 billion yuan has been allocated for consumption vouchers, focusing on sectors like dining, tourism, and culture [9] Technological Innovation and Collaboration - The construction of the Shanghai (Yangtze River Delta) International Technology Innovation Center has been prioritized, enhancing collaboration with neighboring provinces [12] - The release of 23 supporting policies for the G60 Science and Technology Innovation Corridor aims to foster regional cooperation and resource sharing [13] - Shanghai's initiatives include the establishment of innovation parks and the formation of a patent alliance to support emerging industries [13]

所谓零负债，就是房贷、车贷、消费贷统统清零，兜里可能钱不多，但绝对不欠银行一分钱 对于很多深陷月月还贷的中产来说，这状态简直像都市传说 专家却说要刺激零负债人群消费来扩大内需 结果网友直接炸了，最扎心的评论就是：这哪里是刺激消费，分明是想把零负债变负债！ 这话为啥能引发这么大共鸣？ 先看看零负债的人到底有多稀罕 数据显示，全国1.75亿90后里，只有13.4%没房贷、没车贷、没网贷，甚至连花呗都不用 放眼全国成年人，零负债的比例也才12.3%，大部分人都背着各种各样的债 在年轻人欠钱比例高达86.6%的当下，这群的人，自然成了专家眼里拉动消费的潜力股 可谁也不是傻子，能守住零负债的人，个个都活得很清醒 他们不是没钱花，是觉得手里有钱，心里不慌 现在就业市场波动大，谁也不敢保证一直有稳定收入 一场大病、孩子上学、老人养老，随便一件事都可能花光积蓄 大家宁愿把钱存银行，也不敢随便花，本质上就是在为未来的不确定性买单 对他们来说，零负债不是消费观念落后，而是最稳妥的生存选择 专家想激活这部分人的消费潜力，初衷是好的 毕竟要扩大内需，确实需要更多人敢花钱 只要把养老、医疗、托育这些公共服务做好，让大家没了后顾之忧，自 ...

专题：2025三亚•财经国际论坛 2025三亚•财经国际论坛暨第五届三亚财富管理大会12月27日在三亚举行。中国社会科学院学部委员余 永定出席并演讲。 余永定指出，从长期看，消费不是也不可能是经济增长动力。生产扩大取决于剩余价值向追加资本转 化，即取决于资本扩大，资本扩大按定义就是投资。 在收入分配方面，余永定认为，中国主要是收入分配不均，中国经济系数虽有所收窄，但仍处于较高水 平。 他指出，"十五五"规划建议提出构建现代化基础设施体系，"十五五"规划19次提及基础设施一词，充分 显示中央对基础设施投资重视。不难看出，为完成中央提出的构建现代化产业体系任务，未来五年中国 投资规模将极其巨大。 余永定还指出，认为中国投资效率低下，投资越多效率越低的说法是片面的。衡量生产效率指标包括劳 动生产率、资本生产率、资本产出率、全要素生产率。中国劳动生产率不断提高，否则人均收入不可能 增长。 余永定强调，刺激消费非常必要，但必须清楚，消费受收入、收入预期、财富、永久性收入影响，这些 不变，消费增加潜力有限。 "我们尝试不少直接刺激消费办法，取得一定成效，但难以从根本上改变消费局面。"余永定说，更重要 问题是这类措施一般以 ...

封面新闻记者 易弋力 12月22日，中国人民银行发布关于实施一次性信用修复政策有关安排的通知。通知提到，对于2020年1月1日至2025年12月31日期间，单笔金额不超过 10000元人民币的个人逾期信息，个人于2026年3月31日（含）前足额偿还逾期债务的，金融信用信息基础数据库将不予展示。 央行推出一次性信用修复政策，核心目的是什么？知名经济学家、工信部信息通信经济专家委员会委员盘和林进行了解读。 其三是树立信用观念。比如有人以前不查征信记录，如今在政策的引导下，学会了查询，并开始关注名下那些长期不用的信用卡，并开始主动地销户断 卡，尤其是很多用户的信用卡可能是他人冒用身份开具，通过征信查询可以及时发现。再比如，通过信用修复，可以督促欠款人及时处置逾期，可能没这 个政策，很多逾期者破罐子破摔，而此时，给了这些逾期者一个机会。 其四是稳定金融机构经营预期，减少坏账。毕竟，该政策对逾期不还的借款人有一定的督促作用。 政策采用"免申即享"的自动修复模式，这一设计有何妙处？ 盘和林称，这是功能性政府向服务型政府转型，免除了申请，用户自然就不必担心因为自己错过申报而错过了信用修复机会，让用户更加省心，与此同 时，自 ...

记者丨 叶麦穗 编辑丨包芳鸣 对于目前经营贷"量足价优"情况，多位金融专家表示，这是政策引导、市场竞争与行业转型多重因素叠加的结果。 上海金融与发展实 验室首席专家、主任曾刚指出，随着房地产市场调整，按揭贷款这一传统优质资产规模萎缩，银行急需寻找新的信贷投放渠道，经营贷 自然成为重要方向。同时，宏观政策持续引导金融机构加大对小微企业的支持力度，普惠金融指标的监管要求下，银行不得不通过降低 利率吸引客户、完成考核任务。更关键的是，银行间竞争激烈，国有大行凭借低成本资金优势率先降价，中小银行为抢夺优质客户也需 要跟进，形成利率"竞降"格局。 房抵经营贷利率年末出现"大比拼"，据记者了解， 目前银行的底价基本在2.35%。一家国有大行三农信贷部的负责人表示，该行的经营 贷"量足价优"，基本上有抵押品的经营贷利率能做到2.5%； 纯信用类产品利率一般在3%左右，要是客户信用好、流水稳定，利率还有 进一步协商的空间。 当前，房贷需求疲软，手握房产与营业执照的小微企业主，已然成为银行信贷业务的"新蓝海"。与此同时，临近年底消费旺季，消费贷 也成为金融机构的"必争之地"。 经营贷整体"价优量足" 此前有消息称，市场上的经营 ...

证券日报网讯 12月22日，金枫酒业在互动平台回答投资者提问时表示，公司高度重视国家扩大内需、 刺激消费的政策导向，并将积极把握相关机遇，持续优化相关产品布局，聚焦主营业务，通过降本增效 和渠道优化夯实增长基础，持续提升公司盈利能力。同时公司也将专注产品创新，通过推进产品管线， 积极拓展市场。 （文章来源：证券日报） ...

Core Viewpoint - The domestic consumption market in China is struggling, leading to economic slowdown, despite various stimulus measures being implemented by local governments and banks to encourage spending [2][4][5]. Group 1: Current Economic Situation - The consumption market has been weak, causing difficulties for businesses and potential layoffs for workers, which in turn affects overall economic growth [2]. - Local governments are issuing consumption vouchers and providing subsidies for home appliances to stimulate spending [2]. - Banks have lowered deposit interest rates to historical lows, encouraging people to spend or invest rather than save [4]. Group 2: Consumer Behavior and Challenges - Despite various stimulus efforts, consumer enthusiasm remains low, with many individuals choosing to save rather than spend due to financial insecurity [5]. - A significant portion of the population, approximately 5.6 billion people, have no savings in banks, indicating a lack of disposable income [5][7]. - The wealth distribution is highly uneven, with only 2% of depositors holding 80% of total savings, leaving the majority with limited financial resources [7][16]. Group 3: Recommendations for Stimulating Consumption - To effectively stimulate consumption, it is essential to increase household incomes through equitable wealth distribution and improved wage standards [12]. - Reducing the financial burdens related to housing, education, and healthcare can alleviate consumer anxiety and encourage spending [14]. - Addressing income inequality and promoting a more balanced social structure can enhance overall consumer confidence and spending capacity [16].

Core Viewpoint - The "New Luoshu Bay Super Purchase" event, featuring 23 million yuan in cash consumption vouchers, successfully ignited consumer enthusiasm in Kunming, transforming the area into a vibrant shopping destination [5][15][17]. Group 1: Event Overview - The event attracted homeowners from various Kunming neighborhoods, with 17 shuttle buses bringing them to the venue, creating a lively atmosphere [3][5]. - The consumption vouchers are straightforward, with no complex rules, allowing for 100% real deductions, which significantly boosted consumer willingness to spend [5][7]. Group 2: Consumer Engagement - The event saw long queues at nearly a hundred shops in the area, indicating a strong consumer response, with some stores reporting sales of nearly a thousand sets in just one hour [5][11]. - Homeowners actively participated in shopping, utilizing the vouchers to make purchases without spending any cash, demonstrating the effectiveness of the voucher system [9][11]. Group 3: Business Impact - The initiative has led to a noticeable increase in foot traffic, with some stores experiencing three times their usual customer volume, highlighting the positive impact on local businesses [11]. - The cash vouchers were fully pre-deposited into a designated bank account to ensure merchant confidence, further encouraging participation from local businesses [9]. Group 4: Future Plans - The company plans to distribute a total of 30 million yuan in cash consumption vouchers before the Spring Festival and aims to continue this initiative with a minimum of 150 million yuan over the next five years to stimulate consumption and enhance market vitality [17].