Core Insights - The focus on boosting consumption is emphasized as a primary strategy for economic recovery and growth in Henan province, aligning with national directives to implement special actions for consumption stimulation [2][3][11] Group 1: Economic Performance - In the first half of 2025, Henan's total retail sales of consumer goods reached 1.42 trillion yuan, showing a year-on-year growth of 7.2%, surpassing the national average by 2.2 percentage points, ranking first among major provinces [4] - Online retail sales amounted to 244.11 billion yuan, with a growth rate exceeding the national average by 7.8 percentage points [4] Group 2: Policy and Institutional Support - Henan has implemented significant reforms in property rights protection and market access, enhancing the market system to stimulate consumption potential and economic vitality [6] - The province has launched a policy response platform that has significantly reduced the number of steps and time required for business processes, with reductions of 94.6% in running times and 81.1% in steps [6] Group 3: Consumer Ecosystem Development - Financial institutions are supporting consumption through low-interest loans and subsidies for household appliances, contributing to a more vibrant consumer environment [7] - The province is actively cultivating a trustworthy consumption environment by promoting reliable stores and markets, resulting in a 45% decrease in complaint rates [7] Group 4: Cultural and Tourism Consumption - In 2024, Henan's tourism sector is projected to receive over 1 billion visitors and generate over 1 trillion yuan in revenue, highlighting the importance of cultural tourism in driving economic growth [10] - The province is focusing on enhancing its cultural tourism offerings, promoting unique products and experiences to attract visitors and boost consumption [10]