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中信建投:消费领域限制性措施将取消,释放消费活力
Xin Lang Cai Jing· 2025-11-04 23:37
Core Viewpoint - The report from CITIC Securities emphasizes that the removal of restrictive measures in the consumption sector is a key policy initiative to boost consumption in the future [1] Summary by Relevant Categories Automotive Consumption - The policy aims to encourage cities with purchase restrictions to relax vehicle buying limits and shift from purchase management to usage management [1] Housing Consumption - There is a focus on gradually easing real estate purchase restrictions and limitations on foreign buyers to unleash consumer vitality [1] High-End Consumption - The approach is shifting from mere "consumption management" to "industry cultivation" and "service upgrading," simplifying approval processes and reducing tax burdens to promote experiential consumption [1] New Consumption Constraints - The report identifies various constraints in new consumption areas and suggests a transition towards a more innovative consumption market [1] Import and Export Consumption - The policy includes expanding duty-free shop setups and promoting "buy now, refund later" tax refund schemes to enhance consumption convenience and stimulate both domestic and international demand [1]