通知明确，设备更新方面，总体延续2025年支持范围，在民生领域增加老旧小区加装电梯、养老机 构设备更新，在安全领域增加消防救援、检验检测设备更新，在消费基础设施领域增加商业综合体、购 物中心、百货店、大型超市等线下消费商业设施的设备更新。这些新部署，有望更好发挥设备更新对产 业升级、节能降碳、民生改善和高质量发展的支撑作用。 在消费品以旧换新方面，明年汽车置换、洗衣机和冰箱等家电换新还有没有补贴？购买智能手机、 智能手环还能申请补贴吗？ 透过这些规定看，消费品以旧换新进一步集中资源，着力提升覆盖人群广、带动效应强的重点消费 品"得补率"。 答案是肯定的：继续支持。 二是优化补贴标准。 明年"两新"政策，将继续实施汽车报废更新和汽车置换更新补贴；继续实施家电以旧换新补贴，支 持范围聚焦冰箱、洗衣机、电视、空调、电脑、热水器等6类产品。同时，将数码产品购新补贴拓展为 数码和智能产品购新补贴，支持范围包括手机、平板、智能手表（手环）、智能眼镜和智能家居产品 （含适老化家居产品）。 为充分发挥超长期特别国债资金效益，进一步提高补贴质效，2026年"两新"政策对一些领域的补贴 标准作出了优化完善。 12月30日，备受社 ...

Core Insights - The Chinese government has introduced a plan to enhance the adaptability of supply and demand in consumer goods, aiming to create three trillion-level consumption sectors and ten hundred-billion-level consumption hotspots by 2027, with a focus on high-quality development by 2030 [1] Group 1: Development Goals - By 2027, China aims to establish three trillion-level consumption sectors and ten hundred-billion-level consumption hotspots [1] - By 2030, the goal is to achieve a high-quality development pattern where supply and consumption interact positively, with a steady increase in consumption's contribution to economic growth [1] Group 2: Key Consumption Areas - The three trillion-level consumption sectors include elderly products, smart connected vehicles, and consumer electronics [1] - The ten hundred-billion-level consumption hotspots cover categories closely related to daily life, such as baby products, smart wearables, cosmetics, fitness equipment, outdoor products, pet food, civilian drones, trendy toys, jewelry, and national fashion apparel [1] Group 3: Current Market Trends - In the first ten months of this year, the trade-in policy for consumer goods has generated over 2.4 trillion yuan in sales, benefiting more than 360 million people [3] - Retail sales of home appliances, furniture, and communication equipment have seen approximately 20% year-on-year growth, maintaining a rapid growth rate [3] Group 4: Regulatory and Standardization Efforts - The State Administration for Market Regulation has released 22 national standards related to energy and water consumption for daily consumer goods, enhancing the supply of quality products to meet consumer demand [3] - The plan emphasizes the development of energy-efficient and environmentally friendly products suitable for rural areas, including efficient range hoods, gas stoves, water heaters, and bathroom products [3][4]

三是抓载体，创新消费场景。加快完善现代商贸流通体系，实施零售业创新提升工程。深化国际消 费中心城市培育建设，支持上海、北京、广州、天津、重庆等城市打造具有全球吸引力的消费环境。目 前，五个城市入境外国人数量约占全国的1/3，消费品进口占全国的一半以上，离境退税销售额占全国 七成左右，充分发挥了示范引领作用。 央视网消息：国务院新闻办公室11月27日举行国务院政策例行吹风会，介绍增强消费品供需适配性 进一步促进消费政策措施有关情况，并答记者问。 会上，商务部市场运行和消费促进司负责人杨枿介绍，党中央、国务院高度重视扩消费工作，作出 了系列决策部署，商务部认真贯彻落实，深入实施提振消费专项行动，打造"购在中国"品牌，促进供需 衔接，推动更多优质消费品进入百姓生活，更好满足人民美好生活需要。主要开展了以下几方面的工 作： 二是抓活动，营造消费氛围。我们围绕精品购物、精致美食、精彩旅游、精美展演四大板块，开展 了精品首发季、精品消费月、国际消费季、老字号嘉年华等20余项专题活动，指导各地打造地方特色扩 消费活动品牌，扩大优质供给。同时还举办了进博会、消博会等国际性展会，搭建全球消费精品展示交 易平台，联通中国和世界市 ...

Core Insights - The Guizhou provincial government is implementing measures to stimulate consumer spending and promote economic recovery, as highlighted in a recent press conference [1][4]. Consumer Market Performance - In the first three quarters, Guizhou's total retail sales of consumer goods increased by 3.8%, with retail sales of above-designated size growing by 5.1%, surpassing the national average by 0.2% [4]. - The value added in wholesale and retail, as well as accommodation and catering industries, grew by 5.7% and 5.3%, respectively, also exceeding national averages [4]. Characteristics of Consumption - Strong support for commodity consumption is evident, with significant participation in trade-in programs for automobiles and home appliances, resulting in a total consumption of 49.762 billion yuan [4]. - The province has seen a notable increase in the replacement of automobiles (20.7%) and communication equipment (42.6%) [4]. Service Consumption Potential - A new initiative launched in October aims to enhance service consumption across various sectors, including dining, accommodation, and entertainment, with a focus on quality improvement [5]. - New business formats such as specialty coffee and craft beer have seen rapid growth, with a 52.8% increase in coffee and tea consumption in Guiyang [5]. New Consumption Drivers - The implementation of the "Ten Hundred Thousand" e-commerce development project has led to the establishment of multiple e-commerce demonstration parks and bases, contributing to a 12.6% increase in online retail sales, totaling 104.93 billion yuan [6]. - The launch of the "One Code Guizhou" online exhibition for local liquor aims to boost digital consumption [6]. Consumption Scene Activation - Guizhou has developed 140 commercial districts and 116 pedestrian streets, enhancing the shopping experience and attracting tourists [7]. - Various promotional activities have been organized around key consumption periods, generating over 2 billion yuan in retail and dining consumption [7]. Policy Measures for Consumption Expansion - The provincial government is continuing to promote trade-in programs for consumer goods, with new policies aimed at facilitating automobile replacement and upgrades [8]. - A new subsidy program for purchasing new cars has been introduced, offering financial incentives based on the price of the vehicle [8]. Support for Key Industries - Recent measures have been introduced to support the development of the catering and retail sectors, with specific initiatives aimed at assisting businesses facing challenges [9]. - The government is actively working to implement consumption promotion policies and provide targeted support to the wholesale, retail, accommodation, and catering industries [9].

Core Viewpoint - The "Shopping in China · 2025 Boutique Consumption Month" initiative was launched in Shanghai, aiming to enhance consumer spending and showcase premium products and services across over 100 cities in China [2] Group 1: Event Overview - The event was attended by key officials including the Vice Minister of Commerce and various city vice mayors, highlighting its national significance [2] - The initiative is part of the efforts to implement the spirit of the 20th Central Committee's Fourth Plenary Session and the decisions of the Central Government [2] Group 2: Focus Areas - The activities will focus on four main areas: boutique shopping, exquisite dining, exciting tourism, and fine performances, aimed at expanding quality consumption [2] - The initiative seeks to create new consumption scenarios that are widely impactful and highly visible, thereby continuously releasing consumer potential [2] Group 3: Participation and Promotion - At the launch, the eighth China International Import Expo featured country-specific products, and major domestic trade enterprises announced their intentions for importing goods [2] - New consumption and time-honored brand representatives showcased their latest products, while service sector companies outlined their activity plans [2]

Core Viewpoint - The "Shopping in China 2025 Boutique Consumption Month" event was launched in Shanghai, aiming to enhance consumer spending and showcase China's international consumption capabilities [1] Group 1: Event Overview - The event is organized by the Ministry of Commerce and aims to leverage the role of international consumption center cities, engaging over 100 cities nationwide [1] - The initiative focuses on four key areas: boutique shopping, exquisite dining, exciting tourism, and fine performances, to stimulate consumption [1] Group 2: Activities and Goals - During the event, various activities will be conducted to expand the supply of quality consumer goods and services, creating new consumption scenarios with broad appeal and visibility [1] - The launch ceremony featured the promotion of country-specific products by the guest country of the 8th China International Import Expo, along with procurement intentions from major domestic trade enterprises [1]

Group 1 - Hainan cities are launching various large-scale cultural and tourism activities to boost consumption, including a 10 million yuan tourism consumption voucher in Haikou and a series of events in Sanya [1][2] - The focus on large events reflects a respect for consumer demand, emphasizing emotional experiences over mere sightseeing, with activities designed to engage visitors actively [1][2] - The upcoming Mid-Autumn and National Day holidays have prompted early planning for events, showcasing a diverse range of activities to cater to different consumer needs [2][3] Group 2 - The success of these activities hinges on creativity and uniqueness, with local resources and cultural characteristics being leveraged to create distinctive event brands [3] - The integration of local industries into these cultural activities is evident, as Haikou promotes its performing arts industry while Sanya aligns with its goal of becoming a world-renowned tropical coastal city [3] - The shift towards service-oriented and quality-driven consumption is accelerating, with events designed to create new consumer experiences and enhance the appeal of Hainan as a desirable travel destination [3]

Core Insights - The event "Expand Consumption, Promote Development, Benefit People's Livelihood" was held in Handan, aiming to stimulate consumer potential and respond to residents' consumption needs [1][3] - The market event featured over 400 local enterprises and included four major exhibition areas, showcasing nearly a thousand brand products [3] Group 1 - The market event took place at the South Square of Handan Grand Theatre, with a focus on local specialties, building materials, food, and comprehensive services [3] - The event achieved sales of nearly 7 million yuan and secured over 60 cooperative intention orders [3] - The Handan Private Economy Industry Association has been actively promoting social responsibility and enhancing consumer confidence in the private sector through these events [3]

Group 1 - In the first half of this year, 19 retail districts in Shanghai achieved a year-on-year growth rate exceeding 10% [1] - In July, Shanghai's total retail sales of consumer goods reached 129.138 billion yuan, marking a year-on-year increase of 7.8% [1] - The Shanghai Municipal Commission of Commerce reported that the strong development of retail districts has played a stabilizing role, accelerating the growth rate of total retail sales in July by 4.1 percentage points compared to June [1] Group 2 - According to the Shanghai Commercial Space Layout Special Planning, the monitoring of 50 key retail districts showed a year-on-year retail sales growth of 2.7% in the first half of the year, surpassing the overall retail sales growth by 1 percentage point [5] - The retail sales scale in the first half of the year was the highest since the start of the 14th Five-Year Plan, with the top three districts in retail sales growth being Expo, Yuyuan, and Zhenru [5] - Yuyuan Mall district recorded a remarkable retail sales growth of 41.6% in the first half of the year, ranking first among city-level districts [5] Group 3 - The "Shanghai Summer" International Consumption Season has been launched, driving the development momentum of major retail districts through a combination of policies and activities [12] - Yuyuan district hosted the "Yuyuan Summer Fantasy Night," which combined traditional craftsmanship with contemporary cultural elements, leading to expected sales of over 40 million yuan [12] - The concert by the Times Youth League attracted nearly 200,000 visitors to the nearby Xujiahui district, generating sales exceeding 20 million yuan, with predictions of 300,000 visitors during the concert period [12]

Group 1 - The core economic indicators for July show a slowdown in consumption growth to 3.7%, investment growth down to 1.6%, and industrial value added showing signs of fatigue, prompting the government to take immediate action to stabilize the economy [1][3] - The State Council meeting emphasized the need to unify thoughts and actions with the central government's judgment, aiming to consolidate the economic recovery momentum and ensure that annual targets are not compromised [1][3] - The government plans to systematically eliminate restrictive measures, cultivate new consumption types, and unleash the potential of service consumption, with specific focus on night economy, first-release economy, and silver economy [3][5] Group 2 - Private investment growth is reported at 3.9%, with significant increases in accommodation and catering (19.6%), infrastructure (8.8%), and manufacturing (5.0%), indicating a robust investment landscape [3][5] - The government has allocated 800 billion yuan for construction projects and ensured that 735 billion yuan of central budget investment is in place, aiming to stimulate private investment and economic activity [3][5] - The real estate market is a priority, with the government aiming to stabilize it through urban renewal and renovation of old housing, with new policies in cities like Beijing, Tianjin, and Hainan acting as stabilizing pillars [5][6] Group 3 - The overall strategy focuses on domestic circulation as a stabilizing force, with a combination of policies aimed at boosting consumption, investment, private sector vitality, and real estate stability, forming a comprehensive approach to economic growth [5][6] - Key variables influencing economic performance include household income and consumer confidence, private investment activity, government investment support, real estate market stability, and the implementation of urban renewal [5][6] - The effectiveness of policies and their implementation will determine the economic trajectory for the second half of the year, with current efforts in consumption, investment, and real estate providing a solid foundation for recovery [6]