Core Insights - Jiangsu Province achieved a GDP of 14.23515 trillion yuan in 2025, marking a 5.3% year-on-year growth, becoming the second province in China to surpass the 14 trillion yuan mark [1] - The province's total retail sales of consumer goods reached 4.63942 trillion yuan, with a year-on-year increase of 3.3%, ranking first in the nation for the first time in 45 years [1] Group 1: Economic Growth and Consumer Trends - The "Su Super" event significantly boosted local consumption, with over 2.43 million attendees and online viewership exceeding 2.2 billion, demonstrating a strong economic impact [2] - The event generated over 2.6 billion yuan in retail, dining, and accommodation transactions in Nanjing, reflecting a 20% increase [2] - Jiangsu's initiatives to enhance service quality and create consumption opportunities have led to a 10.4% increase in tourist numbers and a 10.2% rise in total spending [2] Group 2: Innovative Consumption Strategies - Jiangsu has launched various brand activities like "Su Products" and "Three Up" actions to cater to diverse consumer needs, enhancing the night economy with 50 designated night consumption hubs [3][4] - The introduction of new stores has proven effective, with over 800 new stores established in 2025, including 17 national first stores and 245 restaurant first stores [5] - The Nanjing Deji Plaza achieved sales of 26.24 billion yuan in 2025, averaging over 71.78 million yuan in daily sales [5] Group 3: Green and Quality Consumption - The "trade-in for new" policy has stimulated consumer spending, with significant growth in retail sales of green and smart products, including a 21.2% increase in new energy vehicles [8] - Jiangsu's innovative policies have led to over 1.96 billion yuan in government subsidies, driving sales of 1.52 billion yuan through trade-in programs [8][9] - The province aims to enhance its consumption policies further in 2026, focusing on optimizing trade-in programs and promoting cultural and sports-related consumption [9]

转自：新华社 "豪登省具备完善的制造业基础和区位优势，是出口导向型制造业和区域总部企业的重要落地平台。省 政府通过投资促进体系、经济特区和工业园区发展，为企业提供可预期、积极响应的合作环境。"拉莫 豪帕说。 数据显示，中国是南非最大的贸易伙伴，近年来两国经贸合作持续发展。拉莫豪帕表示，南非向中国出 口煤炭等工业基础原材料，而从中国进口的机械设备、电子产品、家电等先进工业产品，推动了南非制 造业、物流和消费领域现代化。 新华社约翰内斯堡2月3日电 （记者 杭泽波 樊浩宇）南非豪登省政府执委会成员武伊斯瓦·拉莫豪帕2日 表示，中国企业的投资正有力推动南非工业化进程及制造业转型升级。 当天，中国家电企业海尔集团旗下子公司海尔智家在南非最大城市约翰内斯堡举行产品发布活动，宣布 正式进入南非市场。拉莫豪帕在活动上接受新华社记者采访时说，海尔在南非的布局是该省近年来最重 要的工业投资项目之一，为制造业和工业升级注入新动力。 拉莫豪帕指出，豪登省是南非经济和工业中心，国内生产总值约占南非全国的55%。自2014年以来已吸 引大量来自中国的直接投资，涵盖通信、能源、制造、物流及先进工业设备等领域，创造数千个就业岗 位。 ...

国外 1. 大摩：沃什治下的美联储变化将先体现在缩表上 摩根士丹利在一份报告中表示，在沃什执掌的美联储之下，任何实质性的变化更可能通过资产负债表政 策而非利率来逐步显现。缩减美联储资产负债表规模意味着降低银行对准备金的需求，而这一过程需要 时间，并且还需要对监管框架作出调整。摩根士丹利补充称："在其他条件不变的情况下，一个在对外 沟通和资产负债表规模上都采取更小'存在感'的美联储，应会推动收益率曲线趋于陡峭。" 2. 摩通私银：金价属健康技术性回调、仓位远未拥挤，年底看6150美元 国际金价大幅回调，摩根大通私人银行亚洲宏观策略主管唐雨旋认为，这次金价属健康的技术性回调， 因此前升势带有一定非理性成分，而此次调整有效消化了部分投机性仓位。值得注意的是，金价仅回到 两周前的水平，1月份仍录得13%的升幅。以往经验作参考，去年10月由4400美元回落至3900美元后， 曾短暂盘整，随后突破向上，至12月已收复并重上前高，故该行对黄金的基本面看法并无改变。唐雨旋 称，根据2025年数据，新兴市场央行的黄金储备占比仍处于低双位数，中国亦仅在高个位数，追赶空间 明显，同时ETF持仓亦仍低于2022至2023年的高位，而 ...

1月31日，济南市济阳文体中心人潮涌动，由济南市商务局指导、京东举办的"国补下乡焕新行-济阳 站"活动在此火热开场。作为2026年全国首个乡村国补活动，该活动以送到乡镇居民"家门口"的实在优 惠和可视可感的线下体验，吸引了周边大量乡镇消费者参与，点燃了农村线下国补消费的烟火气。 活动现场，超千平方米的展区内汇集了海尔、美的、华为等30余个主流品牌的上百款家电与3C数码产 品，涵盖电视、空调、洗衣机、手机、电脑等多个品类，AI智能终端、分区洗护洗衣机、无风感空调 等创新产品成为村民关注焦点。 活动当天，在展厅内咨询补贴政策、体验产品性能的村民络绎不绝，呈现出火热消费场景。"今天正好 赶着京东的国补活动来给家里挑台新空调，买大件还是看着实物，心里才有底！"来自大王村的李先生 边挑选空调边说。 除主会场外，济阳当地15家京东家电专卖店及3C数码门店也同步开展活动，迎来消费热潮。消费者可 叠加享受"每满3000元返200元"的优惠，至高返1000元，全场再享受国补价格，部分产品更设有专享5折 福利。购物满额还可参与100%中奖的福袋派送与抽奖活动，现场有机会赢得冰箱、洗衣机等大奖。 值得一提的是，京东以此次活动为契机 ...

Core Insights - The implementation of the appliance trade-in and digital product subsidy policy has shown positive effects, with sales of 6 categories of home appliances and 4 categories of digital and smart products exceeding 15 million units and generating nearly 59 billion yuan in sales in January [1] Group 1: Sales Performance - In January, 6.813 million home appliances were traded in, driving sales of 29.71 billion yuan, while 9.115 million digital and smart products were purchased, leading to sales of 29.21 billion yuan [1] - Offline sales of home appliances and digital products accounted for nearly 80% of total sales, with a year-on-year growth of approximately 20% [1] Group 2: Consumer Trends - The trade-in program has attracted consumers to offline retail, enhancing foot traffic and boosting sales in various sectors such as leisure, transportation, and specialty dining [1] - There is a growing preference for green and smart products, with the subsidy standard for home appliances upgraded to first-level energy efficiency, resulting in significant growth in high-performance appliances [1] Group 3: Product Specifics - Online sales of first-level energy-efficient water heaters and televisions increased by 35.7% and 28.9% year-on-year, respectively [1] - Mid-to-high-end smartphone models accounted for over 70% of sales, and smart glasses were included in the subsidy program for the first time, achieving sales of 7.197 million yuan [1] Group 4: Future Initiatives - The Ministry of Commerce plans to continue supporting the implementation of the trade-in and subsidy policies, focusing on enhancing offline retail support and promoting the replacement of old products with new ones [2]

Group 1 - The Ministry of Commerce is implementing policies to promote the replacement of old home appliances and the purchase of new digital and smart products, with effects gradually becoming evident [1][2] - In January, sales of six categories of home appliances and four categories of digital and smart products exceeded 15 million units, generating nearly 59 billion yuan in sales [1] - The old-for-new appliance program saw 6.813 million units replaced, driving sales of 29.71 billion yuan, while 9.115 million new digital and smart products were purchased, generating 29.21 billion yuan in sales [1] Group 2 - The subsidy standards for the old-for-new appliance program have been raised to first-level energy efficiency, leading to significant growth in high-performance appliances, with online sales of first-level energy-efficient water heaters and televisions increasing by 35.7% and 28.9% year-on-year, respectively [2] - Mid-to-high-end smartphone models now account for over 70% of sales, and smart glasses have been included in the subsidy program for the first time, achieving sales of 7.197 million yuan [2] - The Ministry of Commerce will continue to support the implementation of the old-for-new and new purchase subsidy policies, focusing on enhancing support for offline retail and promoting the replacement of old products with new ones [2]

Group 1 - The core viewpoint of the article highlights the implementation of the appliance trade-in and digital product subsidy policies, which are showing positive effects on sales and supporting offline retail development [1] - In January, sales of six categories of home appliances and four categories of digital and smart products exceeded 15 million units, generating nearly 59 billion yuan in sales [1] - The appliance trade-in program saw 6.813 million units exchanged, driving sales of 29.71 billion yuan, while 9.115 million digital and smart products were purchased, leading to sales of 29.21 billion yuan [1] Group 2 - The offline sales of the trade-in and new purchase programs accounted for nearly 80% of total sales in January, reflecting a year-on-year growth of approximately 20% [1] - The subsidy standards for energy-efficient appliances have been raised, resulting in significant sales growth for high-performance products, with online sales of energy-efficient water heaters and televisions increasing by 35.7% and 28.9% respectively [1] - The Ministry of Commerce plans to continue supporting the implementation of these policies, focusing on enhancing offline retail support and promoting new products and production capabilities [2]

（文章来源：新华财经） 更多消费者选择通过升级居家环境，打造冬日里的"小暖窝"。"什么值得买"数据显示，香薰蜡烛、室内 电动沙发等营造温暖惬意氛围的商品热度高涨。同时，围绕"食"的暖消费同样火爆。 线下餐饮同样暖意涌动。记者在一家铜火锅店看到，店内座无虚席。热饮市场也随之升温，茶饮品牌推 出暖冬新品，如茶百道"实在木薯甜品碗"上市3天即售出近80万份。品牌方介绍，产品选用特定品种木 薯，并通过"冰浴"工艺锁住软糯口感，为消费者提供"实在"的温暖体验。 业内人士指出，从智能家电到温馨旅途，从居家场景到餐饮消费，"暖经济"不仅体现出消费者对舒适生 活的追求，也折射出节日消费市场提质升级的新趋势。 新华财经北京2月3日电（记者丁雅雯）春节临近，一股以"温暖"为主题的消费热潮在全国范围内持续升 温。从智能家电、温暖旅行到居家氛围的精心营造，消费者正通过多元方式提升冬日生活品质，"暖经 济"成为节前消费市场的突出亮点。 在各大电器卖场，具备智能预热、远程操控功能的取暖家电成为销售亮点。"下班路上用手机APP提前 打开空调，进门就暖烘烘的，特别方便。"一位消费者告诉记者。据悉，带有"零冷水"技术的热水器、 可预约的智能蒸 ...

齐鲁晚报.齐鲁壹点周千清通讯员崔如坤 去年以来，郓城县锚定省市提振消费部署，以"政策+活动+场景"三轮驱动，精准打出促消费"组合拳"，实现消费规模稳步扩 大、结构持续优化，核心消费数据亮眼，为县域经济高质量发展注入强劲动能。新的一年，郓城将聚焦"商文旅农体"深度融 合，推动消费提质升级、再上新台阶。 政策赋能添底气消费回暖显实效 民生兜底强根基新型消费拓空间 郓城县将民生保障融入促消费全过程，发放中度及以上失能老年人养老服务消费补贴63.58万元、"孝老优惠券"10万元，惠及老 年群体；举办线上线下招聘活动169场，提供岗位6.5万余个，达成就业意向7665人，以稳定就业筑牢消费基础。 活动搭台聚人气场景创新增活力 2025年，郓城县围绕促消费主题，全年开展各类活动170余场，覆盖商贸、文旅等多领域，实现"月月有活动、季季有亮点"，吸 引超2000家次商户参与、超百万人次客流。 节假日节点精准发力，五一黄金周南湖广场商贸博览会联动乡镇分会场，70余家企业参展，实现销售额3000万元；"迎春购物 季""黄河大集"等系列活动，既让消费者得实惠，也帮企业拓市场。"来菏游好郓.百花迎牡丹"好汉文化节等17场大型文旅活 ...

绿色智能产品备受青睐。今年家电以旧换新补贴标准提升至一级能效，带动高性能家电产品增长较快， 第三方机构数据显示，一级能效热水器、电视线上销售额同比分别增长35.7%、28.9%。中高端手机机 型销售占比超过70%。智能眼镜今年首次纳入补贴范围，实现销售额719.7万元。 家电及数码和智能产品补贴政策全面落地。目前，32个地区全部启动政策，19个地区印发实施细则。1 月，家电以旧换新681.3万台，带动销售297.1亿元；数码和智能产品购新911.5万件，带动销售292.1亿 元。 政策积极支持线下实体零售发展。1月，家电以旧换新、数码和智能产品购新线下销售接近8成，同比增 长约20%。一些线下门店业绩增长、客流提升，同时对休闲娱乐、交通出行、特色餐饮等跨场景消费有 较强带动作用，形成以旧换新引流、多元消费增收的良性格局。 央广网北京2月3日消息（记者 马文静）记者3日从商务部获悉，2026年，商务部会同各地区、各部门优 化实施家电以旧换新及数码和智能产品购新补贴，支持线下实体零售发展，推广绿色智能产品，政策效 应逐步显现。1月，6类家电产品及4类数码和智能产品销售量超1500万台，销售额近590亿元。 商务部 ...