Core Insights - Qinghai Province's retail sales of consumer goods reached 77.023 billion yuan in the first three quarters, showing a year-on-year growth of 3.9%, with an acceleration of 1.3 percentage points compared to the first half of the year, ranking 22nd nationally, an improvement of 6 places from the previous half [1][3] Group 1: Retail Performance - The retail sales in rural areas increased by 4.2% year-on-year, surpassing the provincial growth rate by 0.3 percentage points, and accelerating by 1.1 percentage points compared to the first half of the year, while urban retail sales grew by 3.8% [1] - Retail enterprises above designated size saw a retail sales increase of 10.1% year-on-year, accelerating by 8 percentage points compared to the first half of the year [3] - The catering sector's revenue from enterprises above designated size grew by 12% year-on-year, maintaining double-digit growth for four consecutive months [3] Group 2: Policy Impact - The "old for new" policy has effectively stimulated large-scale consumption, with significant growth in retail sales of home appliances and audio-visual equipment (50.1%), building and decoration materials (24.4%), automobiles (14.4%), and communication equipment (11.9%), collectively contributing 5.2 percentage points to the growth of retail sales above designated size [3] - The retail growth rate for new energy vehicles reached 64.9%, accelerating by 13.8 percentage points compared to the first half of the year [3] Group 3: Future Outlook - The Qinghai Provincial Department of Commerce plans to continue combining livelihood improvement and consumption promotion, introducing further policies to boost and expand consumption, and actively seeking funding to enhance the "old for new" automobile activities to achieve the annual retail sales growth target [3]