刚刚过去的元旦假期，全国商圈热力爆棚。商务部商务大数据显示，全国78个重点步行街、商圈日均客流量较2025年元旦增长5.9%，营业额同步上涨 4.9%，消费市场迎来新年"开门红"。 湖北武汉的首个公园式超级综合体客流如织，仅元旦当天，这里的客流量就突破了12万人次。这个新商圈不仅有流行乐队秀、小动物互动等多元场景，还主 打各类"友好服务"。母婴友好、宠物友好，商铺里还开设了骑行友好专区，骑友们可以为车打气、上油。 热度持续攀升 限定快闪扎堆亮相、首店尝鲜排起长队、互动打卡刷屏社交圈，仪式感和体验感直接拉满，新场景正不断解锁消费新乐趣。 0:00 北京五棵松商圈则以潮流跨界与科技赋能双向发力，商场里的跨年音乐会、机器人表演为消费者带来全新体验。而在成都春熙路商圈，以熊猫为主题的活动 吸引了大量消费者，实现了"艺术打卡"与"美食消费"融合，成为市民游客拍照打卡和购买川蜀特色伴手礼的新选择。 "熊猫吃个饱"春熙路店负责人 叶明仟：在我们春熙路店，元旦期间，人流量达到了平时的2倍，每天大概有1500名游客来我们店，营业额也上升了60%左 右。在春熙路商圈的其他两家店，人流量和营业额也有明显提升。 商圈"花式上新" 深 ...

刚刚过去的元旦假期，全国商圈热力爆棚。商务部商务大数据显示，全国78个重点步行街、商圈日均客流量较2025年元旦增长5.9%，营业额同步上涨 4.9%，消费市场迎来新年"开门红"。 商圈"花式上新" 热度持续攀升 限定快闪扎堆亮相、首店尝鲜排起长队、互动打卡刷屏社交圈，仪式感和体验感直接拉满，新场景正不断解锁消费新乐趣。 湖北武汉的首个公园式超级综合体客流如织，仅元旦当天，这里的客流量就突破了12万人次。这个新商圈不仅有流行乐队秀、小动物互动等多元场景，还主 打各类"友好服务"。母婴友好、宠物友好，商铺里还开设了骑行友好专区，骑友们可以为车打气、上油。 北京五棵松商圈则以潮流跨界与科技赋能双向发力，商场里的跨年音乐会、机器人表演为消费者带来全新体验。而在成都春熙路商圈，以熊猫为主题的活动 吸引了大量消费者，实现了"艺术打卡"与"美食消费"融合，成为市民游客拍照打卡和购买川蜀特色伴手礼的新选择。 深圳的粉红大街也在假期里正式开业。街区聚焦"赏味艺术"与"生活艺术"两大业态，集结近40家首店与旗舰店，汇聚了非遗文化体验、环球创意餐饮与先锋 生活方式品牌。 电影市场火热开年 助力服务消费提质升级 中国电影市场在元旦 ...

齐鲁晚报.齐鲁壹点孔茜 2026年，济宁坚持惠民生和促消费紧密结合，深入实施提振消费专项行动，通过提升新供给、塑造新场 景、培育新热点三点发力，全力推动消费市场扩容升级，力争全年社会消费品零售总额增长6%左右， 为经济高质量发展注入强劲动力。 释放商品消费需求，落实好以旧换新政策，联动商家平台推出消费券和让利优惠，推动汽车、家电、手 机数码产品换新，举办"运河之都、惠购济宁"促消费活动200场以上。加快建设高品质住宅，推出一 批"好房子"，用好"卖旧买新""以旧换新"政策，积极开展购房节、重点群体团购等活动，激活住房消 费。 挖掘服务消费潜力，扩大餐饮、旅游、教育、医疗、养老等服务消费规模，积极发展首店经济、美食经 济、赛事经济。激发新型消费动能，推进智慧商圈、智慧街区、无人商店建设，大力发展即时零售、直 播电商等新业态，打造"1+10"电商产业集聚区。支持"互联网+医疗健康"发展，提升养生保健、康复疗 养等服务水平。 推动消费载体升级，培育壮大太白楼路、金宇路、京杭路等主城区核心商圈，优化提升任城运河记忆、 曲阜蓼河古街、微山运河湾、梁山公明坊等特色街区，深入开展千集万店改造提升行动，畅通县乡村三 级商贸物 ...

在北京培育建设国际消费中心城市进程中，商业品牌不仅是城市风貌的映照，更是激发市场活力、引领创新风尚的核心力量。为遴选出真正代表首都商业发 展水平的年度标杆品牌，2025年度（第二十一届）北京十大商业品牌活动公众投票通道即日起正式开启！本次投票将持续至2026年1月10日。 北京十大商业品牌活动是由北京市商务局指导，北京日报报业集团和北京市商业联合会共同主办，北京商报社承办的公益品牌活动。历经二十载积淀，北京 十大商业品牌活动已发展成为首都商业领域最具权威性和影响力的一大年度盛事。该活动不仅记录着北京商业的闪光印记，也为行业发展树立了风向标。 本届活动以"新需求、新供给"为主题，聚焦消费新趋势与品牌新动能。经过前期广泛征集，目前涵盖零售、餐饮、电商、家居、酒业等多元业态的众多品牌 已踊跃参与。 年度优秀案例的诞生，不仅依托专家评审的专业视角，更离不开广大消费者的认可。您的参与，将助力优秀品牌斩获年度商业荣耀，共塑北京商业未来的崭 新图景。 最终谁将脱颖而出？您的一票至关重要！ ...

Group 1 - The core viewpoint of the news is that the 2026 investment strategy conference held by Industrial Securities focuses on macroeconomic trends and investment opportunities, emphasizing a balanced economic recovery and the importance of "new supply" in addressing low inflation [1][2][4]. - The macroeconomic chief analyst, Duan Chao, predicts that the economic environment in 2026 will be favorable, with a more balanced contribution from the three economic drivers compared to 2025, and inflation is expected to recover moderately by year-end [2][4]. - The conference highlighted the potential for the Chinese yuan to appreciate, which could enhance the returns on Chinese assets and attract more capital back to China [4]. Group 2 - Global chief strategist Zhang Yidong emphasizes that the investment strategy for Hong Kong stocks in 2026 should focus on patience and structural opportunities, with expected benefits from the AI wave and a favorable macroeconomic environment [5][6]. - The 2026 economic outlook includes a weak recovery and improved inflation, with nominal GDP growth expected to improve compared to 2025, indicating structural opportunities in the stock market [6][7]. - Zhang Yidong identifies four key areas for investment in 2026: AI and technology sectors, value discovery in traditional industries, and strategic assets like gold and rare earths [9][10]. Group 3 - A-share chief strategist Zhang Qiyao is optimistic about the A-share market in 2026, citing limited negative external impacts and a clear direction for domestic economic recovery, which is expected to support corporate earnings [8][9]. - The investment landscape is shifting from a "淘汰赛" (elimination race) to a "竞速赛" (speed race) as more industries enter a recovery phase, making sector performance increasingly important [8][9]. - The strategy team anticipates that the main sources of corporate profitability will be concentrated in sectors like AI, new energy, and military technology, as well as traditional industries undergoing restructuring [9][10].

Group 1: Core Insights - The investment strategy conference held by Industrial Securities from December 16 to 18, 2023, focused on macroeconomic trends and investment opportunities for 2026, featuring insights from leading analysts [1] - The conference timing was later than most brokerages, allowing for a more accurate assessment of the current market conditions, which attracted significant investor participation [1] Group 2: Macroeconomic Strategy - The macroeconomic outlook for 2026 emphasizes "new supply" characterized by "slowing down + increasing efficiency," which is expected to help the economy gradually escape low inflation and support economic structure upgrades [2] - Economic balance among the three drivers (consumption, investment, and exports) is anticipated to improve in 2026, with a shift in policy focus from traditional adjustments based on unemployment and growth fluctuations to supply-demand synchronization [2] - Inflation is expected to recover moderately, potentially nearing positive territory by year-end, supported by the repair of supply-demand gaps under the "new supply" framework [2] Group 3: Hong Kong Stock Market Strategy - The investment strategy for Hong Kong stocks in 2026 is centered on patience and caution, with excess returns expected from "growth momentum and value reconstruction dividends" [3] - The AI wave in 2026 is likely to benefit from U.S. Federal Reserve interest rate cuts, drawing parallels to the internet boom of 1996-1998 [3] - The macroeconomic environment is expected to show signs of weak recovery and inflation improvement, with nominal GDP growth anticipated to improve compared to 2025 [3] Group 4: Investment Opportunities in Hong Kong Stocks - Key investment areas for 2026 include AI (internet, edge AI, media), military technology, energy technology (energy storage and solid-state batteries), resource revaluation (copper), new consumption, and pharmaceutical innovation and internationalization [4] Group 5: A-Share Market Outlook - The A-share market is expected to see positive investment opportunities in 2026, with limited negative external impacts and a global AI industry trend likely to boost the market [5] - The recovery of nominal economic growth and price increases is expected to support further improvements in domestic corporate profitability, which is seen as a major highlight [5] - A shift from a "淘汰赛" (elimination race) to a "竞速赛" (speed race) in industry performance is anticipated, with a focus on sectors experiencing high growth and profitability recovery [5] Group 6: Key Sectors for Investment - The main sources of corporate profitability in 2026 are expected to be in sectors aligned with industrial trends such as AI, new energy, military, and innovative pharmaceuticals [6] - Attention should also be given to sectors benefiting from PPI recovery, "anti-involution," and global AI capital expenditure [6] - Traditional industries are expected to reveal value through supply chain reconstruction and international expansion, particularly in steel, machinery, and appliances [7]

Core Viewpoint - The investment strategy for 2026 emphasizes a balanced economic environment in China, with a focus on moderate inflation recovery and the importance of supply-side adjustments to enhance economic performance [2][3][4]. Group 1: Macroeconomic Outlook - China's inflation is expected to recover moderately by the end of 2026, potentially approaching positive territory, supported by supply-demand gap adjustments under the "new supply" framework [2][3]. - The economic environment in 2026 is projected to be more balanced, with a shift in policy focus from traditional adjustments based on unemployment and growth fluctuations to synchronized supply-demand adjustments around economic goals [3][4]. Group 2: Investment Strategies - The 2026 investment strategy for the Hong Kong stock market suggests a patient and steady approach, with expectations of the RMB appreciating against the USD, potentially returning to the "6" range [2][5][6]. - Key investment opportunities in 2026 include sectors such as AI, military industry, energy technology, new consumption, and innovative pharmaceuticals, alongside traditional industries benefiting from supply chain restructuring [6][8]. Group 3: A-Share Market Insights - The A-share market is viewed positively for 2026, with limited negative external impacts and potential boosts from global AI trends and favorable liquidity conditions [7]. - The recovery of corporate earnings is anticipated to be a significant highlight, supported by a shift in domestic wealth allocation towards the stock market and the return of foreign capital [7][8]. Group 4: Sector Performance - The performance of various sectors in 2026 is expected to transition from a "淘汰赛" (elimination race) to a "竞速赛" (speed race) as more high-growth industries enter a recovery phase [6][7]. - Key drivers of sector performance will include trends in AI, new energy, military, and innovative pharmaceuticals, as well as traditional industries adapting to global competition [8].

Core Insights - The report highlights three core trends in the consumer services industry: "New Recovery, New Ecology, and New Supply" [6] - Structural factors are aiding certain sectors in stabilizing and improving operations, indicating a gradual recovery from the bottom [7] - The integration of online platforms with offline operations is reshaping the industry ecosystem, enhancing competition and operational efficiency [8] Industry Overview - The consumer services sector has seen a slight revenue increase of 2.57% year-on-year, totaling 183.23 billion yuan in the first three quarters of 2025, despite a 12.7% decline in net profit [20][22] - The sector's performance has been mixed, with tourism and education sectors showing significant growth, while the hotel and restaurant sectors faced slight declines [16][19] New Recovery - The hotel industry is experiencing a rebound due to increased tourism demand and a stabilization in average daily rates (ADR), with occupancy rates showing signs of improvement [31][57] - The Macau gaming market has shown strong recovery, with gross gaming revenue (GGR) reaching 24.086 billion MOP in October 2025, driven by non-gaming attractions [32][44] - The duty-free market is benefiting from policy optimizations, with sales in Hainan reaching 2.425 billion yuan in October 2025, reflecting a 34.86% year-on-year increase [32][38] New Ecology - Major players like Alibaba, Meituan, and JD.com are competing in the instant retail space, each leveraging their strengths to enhance online and offline integration [42] - The restaurant industry is witnessing a shift towards standardized and professional supply chains, with the chain restaurant rate increasing from 15% in 2020 to 23% in 2024 [46][48] New Supply - The tourism sector is transitioning from a "sightseeing + ticket" model to one focused on content innovation and immersive experiences, with companies like Sanxia Tourism and Haichang Ocean Park leading this change [50][53] - The sports industry is evolving to combine spectator and participatory sports, creating new social engagement opportunities through digital platforms [54] Investment Recommendations - Key recommendations include focusing on leading hotel chains like Jinjiang Hotels and ShouLai Hotels, and monitoring companies with strong supply chain advantages in the restaurant sector [6][8] - The report suggests that innovative companies in tourism, sports, and education sectors, particularly those utilizing AI and content innovation, are worth attention for potential growth [8][50]

Core Viewpoint - The Huimin County government is focusing on fostering new consumption growth through innovative strategies, emphasizing the integration of online and offline channels to enhance consumer experiences and stimulate high-quality development [1][3]. Group 1: New Consumption Growth - The Huimin County Business Bureau aims to stimulate new consumption growth by focusing on "new scenarios, new supply, and new models" [3]. - The strategy includes creating new consumption scenarios that integrate local cultural tourism, sports, and health industries to enhance consumer engagement and value [3]. Group 2: Supply Innovation - The initiative encourages product innovation by attracting and nurturing new business formats and models, particularly in local industries such as rope nets and agricultural products [3]. - Local enterprises are urged to develop more intelligent, green, and healthy consumer goods to provide better and more diverse options from the supply side [3]. Group 3: Online and Offline Integration - The Business Bureau plans to strengthen strategic partnerships with major domestic e-commerce and payment platforms to promote online live streaming sales and offline experience activities [3]. - The goal is to leverage local advantages such as Taobao towns and villages, as well as provincial e-commerce live broadcast bases, to ensure high-quality local products reach consumers through diverse and modern channels, driving continuous new momentum in the consumption market [3].

Core Insights - The article emphasizes the strategic importance of expanding domestic demand for economic stability and security, highlighting various regions' efforts to boost consumption and investment for high-quality development [1] Group 1: Economic Development and Consumer Trends - Quanzhou's Xunpu Village has transformed from a fishing village to a tourism hub, attracting over 8.5 million visitors and generating more than 1.8 billion yuan in tourism revenue last year [1] - Wuhan's Lantu Automobile factory produces a vehicle every 118 seconds, showcasing the integration of robotics in manufacturing, with an annual capacity of 150,000 electric vehicles [2] - Sichuan's retail sales reached 2.12 trillion yuan in the first three quarters of this year, reflecting a 5.8% year-on-year growth [3] Group 2: Policy and Strategic Initiatives - The Fujian provincial government prioritizes expanding domestic demand as a key economic strategy, focusing on enhancing consumer confidence and market vitality [4] - Hubei's government emphasizes the importance of boosting consumption as a means to stabilize growth, aiming to create high-quality supply to meet new demand [8] Group 3: Innovative Consumption and New Business Models - Chengdu's East Suburb Memory district has become a trendy destination, attracting over 50,000 daily visitors and generating nearly 100 million yuan in revenue since summer [5] - The Pingtan Shell Hill Head Museum has seen a 5.1% increase in visitors, with tourism revenue growing by 13.6% to 12.028 billion yuan in 2024 [6] - Hubei's Tang City scenic area has successfully implemented night tourism, with 60% of visitors coming at night, contributing to a vibrant nighttime economy [7] Group 4: Investment and Infrastructure Development - The recycling economy industry park in Laohekou has achieved a production value of over 13 billion yuan in the first seven months of this year, reflecting an 18% year-on-year growth [10] - Sichuan's government has launched initiatives to attract new flagship stores, with over 1,000 events planned to stimulate consumption [11]