Group 1 - The fourth China (Macau) International High-Quality Consumption Expo and Hengqin World Bay Area Forum aims to promote the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and empower the moderate diversification of Macau's economy [1] - The forum's theme is "Resilient China, Vibrant Bay Area: Innovation and Cooperation under the New Development Pattern," focusing on building a global high-end platform and fostering practical cooperation among global bay area economies [1][3] - The event has become an important vehicle for economic and trade cooperation in the Greater Bay Area, showcasing high-quality consumption and serving as a bridge for trade between China and the world [5] Group 2 - Experts discussed economic trends, industrial innovation, and consumer segmentation, emphasizing the need for high-quality consumption in the Greater Bay Area [3][4] - The National Development and Reform Commission highlighted that domestic demand is the main driver of economic growth, with consumption being the core component [3] - The event featured discussions on the integration of culture, sports, and tourism, with the upcoming 15th National Games seen as a catalyst for consumption upgrades in the region [6][7] Group 3 - The forum included parallel sessions focusing on cross-border e-commerce, cultural tourism, high-quality childcare, commercial consumption, health, and finance [7] - The China Gold Group's representative discussed the evolving consumer logic in the "fifth consumption era," emphasizing the importance of emotional resonance and social responsibility in consumer behavior [7] - The event aims to leverage the unique geographical advantages of Macau and Hengqin to create a platform for high-quality product and service display, facilitating international trade connections [7]

Group 1 - The core viewpoint emphasizes that consumption is the most critical component in expanding domestic demand, which is essential for economic growth in China [1][2] - There is a significant gap in household and private consumption as a percentage of the overall economy compared to developed economies like the US, Japan, and Europe, indicating substantial growth potential [2] - Promoting high-quality consumption is central to the transformation and upgrading of consumption, which should encompass characteristics of being popular, high-quality, and diverse [2] Group 2 - The Guangdong-Hong Kong-Macao Greater Bay Area is identified as one of the regions with the highest marketization level and the fastest improvement in consumption quality in China, providing a solid foundation for consumption growth [2] - The suggestion is made to leverage the advantages of Hong Kong and Macao in leading consumption trends to drive consumption upgrades across the Greater Bay Area [2]