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扩内需促消费 增量政策加快出台
Jing Ji Wang· 2025-07-31 09:28
Group 1: Consumption Policy and Economic Support - The government has allocated 300 billion yuan in special bonds to support the consumption of old goods, aiming to stimulate consumer potential [1] - As of now, 231 billion yuan has been distributed in three batches, with the remaining funds expected to be released in October [1] - The Ministry of Finance plans to accelerate the introduction of policies to boost consumption and improve the consumption environment [1][6] Group 2: Fiscal Revenue and Expenditure - In the first half of the year, the national general public budget revenue was 1,155.66 billion yuan, a slight decrease of 0.3% year-on-year, while government fund budget revenue was 194.42 billion yuan, down 2.4% [2] - General public budget expenditure increased by 3.4% to 1,412.71 billion yuan, and government fund budget expenditure surged by 30% to 462.73 billion yuan [2] - Key areas such as social security, education, and environmental protection saw expenditure growth exceeding 5% [2] Group 3: Special Bonds and Debt Management - The issuance of new local government special bonds reached 2.16 trillion yuan in the first half of the year, a 45% increase year-on-year [4] - The funds from special bonds are being directed towards project capital, with 191.7 billion yuan allocated, marking a 16% increase [4] - The implementation of debt replacement policies has reduced liquidity pressure and lowered interest expenses for local governments [4] Group 4: Consumer Goods Sales Performance - The "old-for-new" consumption initiative has led to significant sales in various sectors, with total sales reaching 1.6 trillion yuan [5] - Retail sales of home appliances and communication equipment saw year-on-year growth rates of 30.7% and 24.1%, respectively, contributing to a 5% increase in total social retail sales [5] Group 5: Future Consumption Strategies - The Ministry of Finance aims to promote new consumption models in key cities and enhance the consumer experience [6] - The focus is on expanding domestic demand, particularly in consumption, to strengthen the domestic market [6] - The dual-track strategy for consumption stimulation includes fostering new consumption scenarios in potential cities while enhancing global competitiveness through international consumption center city development [6]