在外部不确定性明显加大的背景下，提振国内消费需求将扮演更为重要的角色，而居民消费提升的前提 是居民收入的提高。 记者 辛圆 国家发展和改革委员会主任郑栅洁在《党建》杂志发表署名文章。文章提及"十五五"时期的多项重点任 务，包括做强国内大循环，畅通国内国际双循环，在发展中保障和改善民生等。 郑栅洁在文章中特别提到，要加大保障和改善民生力度，扎实推进全体人民共同富裕。深入实施就业优 先战略，完善收入分配制度，提高居民收入在国民收入分配中的比重，提高劳动报酬在初次分配中的比 重。 "十五五"规划建议明确提出，健全各类要素由市场评价贡献、按贡献决定报酬的初次分配机制，促进多 劳者多得、技高者多得、创新者多得。完善劳动者工资决定、合理增长、支付保障机制，推行工资集体 协商制度，健全最低工资标准调整机制，加强企业工资分配宏观指导。 十三届全国政协常委、经济委员会副主任杨伟民近期接受中央纪委国家监委新闻传播中心采访时提到， 我国居民消费占总需求的比重低，主要是国民收入中居民收入占比低，居民收入差距大，低收入群体规 模大、收入低。 国务院发展研究中心原副主任刘世锦在日前举行的中国宏观经济论坛（CMF）年度论坛上建议，在工 资 ...

Core Viewpoint - The implementation plan issued by six departments aims to enhance the adaptability of supply and demand in consumer goods, marking a shift in China's consumption policy from demand stimulation to a dual-sided approach focusing on both supply and demand [1][2]. Group 1: Key Tasks and Objectives - The plan outlines 19 key tasks across five areas: accelerating the application of new technologies and models, expanding the supply of unique and new products, precisely matching the needs of different demographics, cultivating new consumption scenarios and business formats, and creating a favorable development environment [1]. - By 2027, the supply structure of consumer goods is expected to be significantly optimized, forming three trillion-level consumption fields and ten hundred-billion-level consumption hotspots [3]. Group 2: Supply and Demand Dynamics - The core logic of the plan is to break through the long-standing structural contradictions in supply and demand, such as the coexistence of excess low-end supply and a shortage of high-quality supply [2]. - The policy emphasizes the need for a dynamic balance between supply and demand, with consumption upgrades leading to industrial upgrades [2]. Group 3: Technological Innovation and Model Transformation - The plan prioritizes the acceleration of new technology and model applications, focusing on industries like smart connected vehicles, smart home products, and green building materials [4]. - It aims to utilize AI and big data to enhance production efficiency and meet personalized consumer demands through flexible manufacturing systems [4][5]. Group 4: Targeting Specific Markets - The plan emphasizes the importance of accurately matching the needs of different consumer groups, particularly in rural areas and among the elderly and children [7][8]. - It encourages the development of products tailored to rural environments and aims to improve logistics and after-sales services to stimulate consumption in these markets [7]. Group 5: Enhancing Product Offerings for Specific Demographics - In the baby and elderly care sectors, the plan outlines specific directions for product development, focusing on quality, safety, and functionality [8]. - The initiative aims to unlock the significant consumption potential of the elderly and children by promoting high-quality products and services tailored to their needs [8].

Core Insights - The State Council's recent meeting emphasized enhancing the adaptability of supply and demand to stimulate consumption, signaling a strategic shift towards innovation and technology integration in key industries [1][2][3] Group 1: Supply and Demand Adaptability - The concept of supply and demand adaptability aims to improve the match between supply and demand, addressing issues of excess low-end supply and insufficient high-quality supply, thereby facilitating economic circulation and unlocking consumption potential [2][3] - The meeting outlined key paths to solve supply-demand adaptability, including accelerating the application of new technologies and models, focusing on developing new products and value-added services in key industries, and expanding new consumption increments [1][3] Group 2: Consumer Trends and Market Dynamics - There is a notable shift in consumer behavior from quantity to quality, with increasing demand for diversified, personalized, and high-quality products, indicating a need for industry and consumption upgrades to create a virtuous cycle between supply and demand [2][4] - The meeting highlighted the importance of fostering new consumption scenarios and business models, enhancing consumer financial products and services, and creating a favorable consumption environment [3][4] Group 3: Policy and Structural Reforms - The government is implementing policies to boost consumption, including promoting income growth and reducing burdens on residents, which are expected to enhance consumer confidence and spending [4][5] - Experts suggest that the potential of a large-scale market as a "demand engine" relies on effectively addressing the issue of "income-supported consumption demand," advocating for reforms in income distribution to strengthen the middle-income group [5]

Group 1 - The State Council meeting emphasized enhancing the adaptability of supply and demand as a key measure to unleash consumption potential and facilitate economic circulation [3][4] - The shift in policy focus is moving from merely stimulating consumption or expanding production to achieving a higher level of dynamic balance and positive interaction between supply and demand [3][4] - The meeting outlined new measures to lead industrial upgrades through consumption upgrades, accelerate innovation in new technologies and models, and support enterprises in expanding high-quality consumer goods supply [4][16] Group 2 - The meeting highlighted the importance of precise matching of consumer demand with supply capabilities to reduce resource waste and improve market efficiency [3][4] - It was noted that enhancing supply-demand adaptability plays a bridging role in connecting production and consumption, promoting industrial and consumption upgrades [3][4] - The focus will be on developing flexible manufacturing facilities to efficiently respond to personalized consumer needs and creating new consumption scenarios and business formats [4] Group 3 - The financial sector is expected to play a crucial role in guiding capital to areas that create long-term value, requiring inclusivity and efficient resource allocation [5] - The potential of generative AI to reshape the financial industry is highlighted due to its data-intensive nature and the significant proportion of language-related tasks [5] - The investment plans of major companies like Hyundai and Samsung indicate a strong commitment to expanding their operations in electric vehicles and semiconductors, respectively, with significant financial commitments [13][14]