Core Insights - The forum focused on new ideas and measures to boost consumption and expand domestic demand, attracting over 300 participants including experts, leading companies, and representatives from multinational corporations [1][4] Group 1: Economic Growth and Consumption - Consumption is identified as the main engine of economic growth, playing a fundamental role in economic development [4] - Key discussions included trends and opportunities in the Chinese consumer market and the transformative impact of artificial intelligence on consumption [4] Group 2: Policy and Framework - Deloitte's report introduced a consumption quality improvement plan for Tianjin, proposing a four-level consumption system consisting of "world-class consumption clusters, urban commercial centers, regional characteristic business circles, and community convenience consumption points" [7] - Tianjin's action plan aims to integrate consumption promotion with livelihood improvement, income growth with consumption stimulation, and expand domestic demand while deepening supply-side structural reforms [7] Group 3: International Collaboration and Innovation - Tianjin plans to enhance collaboration with global enterprises and institutions, continuously enriching new consumption formats, scenarios, and models [10] - The forum featured activities such as an "AI + Consumption" product showcase and an exhibition on the development of international consumption center cities [10]

Group 1: Core Insights - Tianjin is launching over 400 unique activities to stimulate high-quality holiday consumption during the upcoming "May Day" holiday [1] - The city is implementing a comprehensive set of measures to boost consumption, including policies for trade-in programs, enhancing retail innovation, and developing an international consumption center [2][4] - The local government aims to create a "big consumption" framework to enhance consumer confidence and stimulate economic growth [4] Group 2: Consumption Initiatives - A recent event in Tianjin facilitated connections between foreign trade enterprises and domestic sales channels, showcasing products and signing agreements to promote local goods [2] - The action plan includes 16 key tasks focused on expanding and upgrading goods consumption, releasing service consumption potential, and improving productive consumption [4] - The city has seen significant uptake of trade-in subsidies, with nearly 35,000 applications for vehicle trade-ins and over 50,000 for home appliances, injecting billions into the local economy [6] Group 3: New Economic Trends - The "first-store economy" is emerging as a new highlight in Tianjin's consumption landscape, with several international brands opening their first stores in the city [7][9] - The government is actively promoting policies to support the first-store economy, aiming to attract both domestic and international brands [9] - New consumption experiences are being created through innovative events and activities, enhancing the overall shopping experience for residents and tourists [10][12] Group 4: Tourism and Cultural Integration - Tianjin is focusing on integrating commerce and tourism, with new cultural and entertainment experiences designed to attract visitors and enhance local consumption [12][15] - Recent statistics show a growth in domestic tourism, with over 6 million visitors in the first quarter, indicating a strong recovery in the tourism sector [12] - The city is enhancing its service offerings at the international cruise port to further stimulate tourist spending [12]