Group 1 - The 2026 Hebei Langfang International New Year Goods Festival has commenced, featuring over 2,000 unique products from both domestic and international vendors, promoting a "buy global without leaving Langfang" experience through an online and offline integration model [3] - The 2026 Zhejiang New Spring Consumption Season has been launched with a total investment of over 5 billion yuan in consumer subsidies, payment red envelopes, and merchant coupons, aiming to combine benefits for the public with consumption promotion [4] - In Jiangxi Pingxiang, the 2026 New Year Goods Market and "Enjoy Ping City" Auto Carnival has started, highlighting new energy vehicles as a popular purchase, with a total of 1.1 million yuan in consumer vouchers distributed across various sectors [6] Group 2 - Shanxi Province has optimized its old-for-new policy for home appliances and digital smart products, expanding the subsidy coverage to include smart home devices and products for the elderly, facilitating easy redemption through online platforms [9] - The supply of vegetables and fresh produce is abundant ahead of the festival, with daily trading volumes reaching over 1,200 tons of fruits and vegetables in Shenyang and an increase in seafood trading in Fuzhou from 3,500 tons to over 6,800 tons [10][12]

2025年消费对经济增长的贡献率提高5个百分点 优场景，改善消费环境。加快国际消费中心城市培育建设，推进国际化消费环境建设试点和消费新业态 新模式新场景试点工作，打造一批带动面广、显示度高的消费新场景。 服务消费具有消费频次高、乘数效应强、增长可持续等特点，在扩大内需、增进民生福祉中发挥着重要 的作用。2025年，居民人均服务性消费支出同比增长4.5%，占居民人均消费支出的比重为46.1%。下一 步，商务部将继续实施服务消费提质惠民行动，会同相关部门推动提升文化娱乐、旅游休闲、餐饮住 宿、体育赛事、医疗健康等领域的供给水平。 出政策办活动优场景 促消费今年继续加力 1月26日，国务院新闻办举行新闻发布会，介绍2025年商务工作及运行情况，部署2026年提振消费、拓 展双向投资等方面举措。 "刚刚过去的2025年是很不平凡的一年。我们迎难而上、奋力拼搏，商务发展总体平稳、稳中有进。"商 务部副部长鄢东在会上表示。 提升文化娱乐、旅游休闲、餐饮住宿、体育赛事、医疗健康等领域供给水平 鄢东介绍，2025年，商务部坚持惠民生和促消费紧密结合，以"政策+活动"双轮驱动，打造"购在中 国"品牌，释放消费活力，全年社会消费 ...

Core Insights - In 2025, China's total retail sales of consumer goods exceeded 50 trillion yuan for the first time, reaching 50.1 trillion yuan, with a growth rate of 3.7%, contributing 52% to economic growth, an increase of 5 percentage points [1][3] Group 1: Consumer Market Performance - The retail sales of consumer goods in 2025 reached 50.1 trillion yuan, marking a 3.7% increase, with consumption contributing 52% to economic growth, up by 5 percentage points [1][3] - Service retail sales grew by 5.5%, with sectors like cultural, sports, leisure, and travel maintaining double-digit growth [3] Group 2: Foreign Trade Resilience - China's total goods import and export reached 45.47 trillion yuan, growing by 3.8%, while service trade imports and exports reached 7.2 trillion yuan, increasing by 7.1% [3] - The number of enterprises engaged in import and export exceeded 780,000, with private enterprises accounting for 57.3% of total foreign trade [3] Group 3: Investment Expansion - Over 70,000 new foreign enterprises were established in 2025, a growth of 19.1%, with foreign investment absorption reaching 747.69 billion yuan, of which high-tech industries accounted for 32.3% [4] - Non-financial direct investment abroad reached 1 trillion yuan, growing by 1.6%, with new contracts for foreign engineering projects totaling 2.1 trillion yuan, an increase of 8.5% [4] Group 4: Bilateral Cooperation - China signed the upgraded version of the free trade agreement with ASEAN and implemented zero-tariff measures for 100% of African countries with diplomatic relations [4] - China has signed 24 free trade agreements with 31 countries and regions, with free trade partners accounting for 45% of total goods trade [4] Group 5: Future Plans for Domestic Demand - The Ministry of Commerce plans to implement special actions to boost consumption, focusing on policies, activities, and improving consumption scenarios [5][6] - Initiatives include optimizing the replacement of consumer goods, promoting automobile consumption, and organizing over 20 "Buy in China" themed activities [5][6] Group 6: Foreign Trade Strategy for 2026 - The Ministry of Commerce will focus on expanding market access in service sectors, optimizing foreign investment support policies, and enhancing the service guarantee system for foreign enterprises [8] - Plans include creating diverse open highlands and promoting high-quality development in foreign trade through policy support and market expansion [9][10]

"任何关于通胀已经见顶的说法，都无法从这些数据中得到印证，"BRC首席执行官Dickinson说。"由于 企业能源成本居高不下以及国民保险费的上调继续传导至价格，本月商店价格通胀飙升。肉类、鱼类和 水果受到的影响尤为明显。" 英国零售商协会（BRC）公布的商店价格指数显示，1月零售价格同比上涨1.5%，高于12月的涨幅 0.7%。食品价格同比上涨3.9%，高于12月的3.3%，创下去年10月以来的最大升幅。 （文章来源：新华财经） 新华财经北京1月27日电最新行业数据显示，在食品、家具、健康和美容产品价格回升的带动下，英国 主要零售商价格本月创下自2024年2月以来的最快涨幅。 ...

Group 1 - The "Enjoy Spring Festival · Enjoy Henan" consumption season will take place from January to March, focusing on revitalizing consumption, New Year goods consumption, and scenario-based consumption [1] - The event aims to create a vibrant atmosphere with measures that promote inclusivity, quality upgrades, and a joyful environment, integrating multiple business formats and scenarios [1] - Activities will be organized to promote high-quality Henan products, launching the first wave of New Year consumption [1] Group 2 - Shopping maps will be released to enhance the gathering effect of commercial areas, encouraging extended business hours and special night promotions [2] - Local culinary offerings will be highlighted, promoting Henan cuisine and creating a "Henan Flavor 18" brand IP matrix [2] - Collaborative efforts among commerce, culture, and tourism sectors will be made to promote local products and tourism activities, including the "Winter Tour Central Plains" campaign [2] Group 3 - A series of consumer-friendly policies will be introduced, including the issuance of 200 million yuan in "Enjoy Henan" Spring Festival consumption vouchers [3] - Incentives for purchasing new energy vehicles and household appliances will be provided, along with promotional activities for dining and entertainment [3] - Zhengzhou has been selected as a pilot city for a lottery program linked to invoices, aimed at boosting consumer spending during holidays [3]

1月26日，国新办举行新闻发布会，介绍2025年商务工作及运行情况。 商务部副部长鄢东指出，2025年，商务发展总体平稳、稳中有进，为经济持续回升向好作出积 极贡献。坚持惠民生和促消费紧密结合， 全年社会消费品零售总额首次突破50万亿元，达到 50.1万亿元，增长3.7%，消费对经济增长的贡献率达到52%。 在拓展双向投资空间方面， 全年新设外资企业7万余家，增长19.1%，吸收外资7476.9亿元， 其中高技术产业引资占比32.3%。 在对外投资方面，推动产供链国际合作，促进贸易投资一体 化，深化"一带一路"经贸合作。 近年来，中国企业出海的力度和广度不断提升，对海外服务的需求也日益增长。商务部外国投 资管理司负责人王亚表示，下一步，商务部将会同有关部门以"国家平台+地方港+海外站+专 业机构"为工作重点，加快打造央地联动、区域协同、资源集聚、内外贯通的立体化、全链条 海外综合服务生态。 王亚同时透露，国家层面海外综合服务大平台将于近期在商务部网站上线。 消费成为经济发展"主引擎" 2025年，全国商务系统大力推进提振消费专项行动，深入实施消费品以旧换新，推动服务消费 高质量发展，组织开展"购在中国"系列活 ...

Core Viewpoint - In 2025, consumption continues to solidify its role as the "main engine" of economic growth in China, with the total retail sales of consumer goods surpassing 50 trillion yuan for the first time, reaching 50.1 trillion yuan, and contributing 52% to GDP growth [2][3]. Group 1: Consumption Market Highlights - The retail sales of durable goods are experiencing rapid growth, driven by the old-for-new consumption policy, with retail sales of home appliances, communication equipment, and furniture increasing by 11%, 20.9%, and 14.6% respectively; passenger car retail volume increased by 3.8% [2]. - New types of consumption are thriving, with digital, green, and health consumption gaining momentum, and new business formats and models emerging; online retail sales of physical goods grew by 5.2%, and the market penetration rate of new energy passenger vehicles reached 53.9% [2]. - Rural consumption is showing active performance, with retail sales of consumer goods in rural areas reaching 6.8 trillion yuan, a year-on-year increase of 4.1%, outpacing urban growth by 0.5 percentage points [3]. - Inbound consumption is on the rise, with the expansion of visa-free countries and the optimization of tax refund policies for outbound tourists; sales of goods eligible for tax refunds nearly doubled, and the number of visa-free foreign visitors increased by nearly 30% within a year of implementing the 240-hour visa-free transit policy [3]. Group 2: Policy and Action Plans for 2026 - The government will enhance support for consumer welfare, optimizing the implementation of the old-for-new consumption policy to promote durable goods consumption, and will conduct pilot reforms in automotive circulation to further unleash automotive consumption potential [4]. - In 2026, over 20 "Buy in China" themed activities will be organized, focusing on product consumption, service consumption, and consumption scenarios, with 15 international consumption environment pilot cities hosting "city-specific" events [4]. - Efforts will be made to improve the consumption environment, accelerate the cultivation of international consumption center cities, and promote pilot projects for new consumption formats, models, and scenarios to create attractive new consumption experiences for domestic and international consumers [4].

Core Insights - Chengdu is leveraging its unique cultural and tourism resources to attract global tourists and enhance the purchasing experience for overseas visitors, focusing on the internationalization of local brands [1][3] Group 1: Government Initiatives - The Chengdu Municipal Bureau of Commerce organized the "2026 Chengdu Urban Circle Tax-Free Product Supply and Demand Matching Conference" to create a bridge between production and sales, aiming for resource complementarity [1] - The government is developing a product matrix for tax-free goods that includes local specialties such as panda cultural products, Shu embroidery, and Sichuan tea and liquor, while also establishing a demand-driven analysis mechanism [3] Group 2: Business Opportunities - Companies like Sichuan Qianli Beiyikang Medical Technology Co., Ltd. are entering tax-free stores to enhance visibility and access stable high-end sales channels, which accelerates their overseas brand establishment [4] - Chengdu Yaohua Food Co., Ltd. views entry into tax-free stores as a strategic move to reach high-net-worth tourists, improve brand exposure, and reduce barriers to cooperation in tax-free channels [5] Group 3: Market Trends - The main categories for tax refunds include clothing, bags, shoes, jewelry, and electronics, indicating a strong market for local cultural brands that resonate with tourists [5] - As of November 30, 2025, Chengdu has over 600 tax-free stores, with more than 180 offering "buy and refund" services, enhancing the shopping experience for global travelers [5]

登录新浪财经APP 搜索【信披】查看更多考评等级 特别提示：本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏， 并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 2、本次股票解除质押情况 ■ 二、其他说明 茂业商厦资信状况良好，具备资金偿还能力、风险控制能力，不存在平仓风险。公司将持续关注控股股 东及其一致行动人质押、解押情况及质押风险情况，并按规定及时履行信息披露义务，敬请投资者注意 投资风险。 特此公告 茂业商业股份有限公司 ●茂业商业股份有限公司（以下简称"茂业商业"、"公司"）控股股东深圳茂业商厦有限公司（以下简 称"茂业商厦"）及其一致行动人合计持有公司股份1,464,455,037股，占上市公司总股本的84.55%。茂业 商厦及其一致行动人持有公司股份累计质押数量（本次办理解押后）为170,000,000股，占茂业商厦及其 一致行动人所持有公司股份总额的11.61%，占公司总股本的9.82%。 一、公司股份解除质押基本情况 公司接控股股东茂业商厦通知，茂业商厦将其持有的公司部分无限售流通股办理了股票质押解除登记手 续，现将有关情况说明如下： 1、 ...

Group 1 - The founder of Miaokelan Duo, Chai Xiu, has been removed from his positions as Vice Chairman, General Manager, and legal representative, while retaining his board member role. The new General Manager, Kuai Yulong, is appointed from Mengniu, which holds a 37% stake in the company [1] - Mengniu has initiated arbitration and taken control of overseas assets due to overdue debts from Jilin Yaohua Trading, which were guaranteed by a merger fund. Chai Xiu had previously promised to fully compensate for losses caused by the fund guarantee but has not fulfilled this commitment [1] - Miaokelan Duo experienced rapid growth in its cheese stick business, with a compound annual growth rate of over 50% from 2018 to 2021. The recent personnel changes are intertwined with the company's debt risks, raising market concerns [1] Group 2 - Procter & Gamble reported a 1% increase in net sales for Q2 of fiscal year 2026, but net profit decreased by 7%. The growth was primarily driven by price increases to offset declining sales volumes [3] - The Chinese Ministry of Commerce announced that the wholesale and retail industry's added value is expected to reach 14.6 trillion yuan in 2025, a 5% year-on-year increase, accounting for 10.4% of GDP, marking a historical high [4] - A survey by the China Chain Store & Franchise Association indicated that 67% of chain supermarkets are expected to maintain or grow profits in 2025, a significant increase from 25% in 2024, reflecting an improvement in profitability [4] Group 3 - Sam's Club, Aldi, and Hema are set to expand their store openings in 2026, as traditional supermarkets face closures and new business models emerge. Membership and hard discount stores are leading the way [5] - ST Juewei, once a leading brand in the marinated food sector, is projected to incur a net loss of 160 million to 220 million yuan in 2025, marking its first annual loss since its listing in 2017 [7] - Heytea has remodeled over 130 stores in 2025, focusing on differentiated strategies and launching new product lines, while reducing collaboration with other brands [7] Group 4 - Haidilao reported a significant increase in customer traffic and sales of beef and lamb products, with over 1.6 million portions sold in three days during a cold snap [9] - Kudi Coffee has opened its first stores in France, Germany, and Spain, expanding its global presence to over 18,000 locations [9] - Walmart has signed an agreement to open its first Sam's Club store in Yunnan, indicating a strategic investment in the region [10] Group 5 - Dongpeng Beverage has signed a contract for its 14th production base in Chengdu, with an investment of 1 billion yuan to enhance supply capabilities in the southwest region [12] - Yili Group has been recognized in the Brand Finance 2026 Global Brand Value 500 list, with a brand value increase of 29.2%, ranking third in the global food industry [14] - JD.com has expanded its heated meal box service to 11 cities, enhancing its delivery capabilities with new technology [15]