Core Viewpoint - The implementation plan aims to enhance the adaptability of supply and demand in consumer goods, potentially creating a new consumption market worth trillions by 2027 through structural reforms and financial support [1] Group 1: Policy and Financial Support - The plan emphasizes the need for stronger fiscal and financial support to stimulate domestic demand, including the introduction of diverse consumer finance products [1] - Financial institutions are actively launching initiatives such as interest-free installment payments and discounts to boost consumer spending [2] - The "old for new" policy has significantly contributed to market growth, with sales exceeding 2.4 trillion yuan and benefiting over 360 million people in the first ten months of the year [1][2] Group 2: Consumer Finance Trends - Consumer finance is becoming a crucial driver for retail credit, with policies supporting low-cost funding for consumption loans [4] - The retail sales of major consumer goods like home appliances and automobiles have shown robust growth, with retail sales of home appliances and furniture increasing by approximately 20% year-on-year [5] - Financial tools such as installment services are lowering purchase barriers, enhancing the consumption of large-ticket items [5] Group 3: Regional Initiatives - Local governments are implementing supportive policies to enhance regional consumption quality, as seen in Beijing's plan to boost various consumer sectors [7] - As of Q3 2025, Beijing's consumer loan balance (excluding personal housing loans) reached 808.78 billion yuan, growing by 4.7% year-on-year, indicating a stronger growth rate than the national average [7]

如何优化金融产品更好匹配耐用消费品消费？对此，北京市互联网金融行业协会党委书记兼会长许泽玮 表示，优化金融产品的核心在于进行深度定制化设计，使其真正契合耐用消费品单价高、周期长的特 点。这包括提供更灵活、长期限的分期方案以降低月供压力；推广"0息分期"等优惠利率模式；并将贷 款与延长保修、以旧换新等权益捆绑，打造"金融+服务"的一体化产品包，从根本上提升消费者的购买 意愿和体验。 金融服务须精准嵌入消费场景。许泽玮表示，在线上线下零售终端，提供"一键分期"等极简、瞬时的金 融体验至关重要。同时，应针对家装等特定大宗消费场景，开发专属的信贷产品，并精准触达年轻群体 等目标客群，满足其差异化需求。 消费金融行业的客群较为下沉，随着提振消费的覆盖面逐步延伸，分期服务依托数字化加快向县域消费 下沉。中央财经大学中国互联网经济研究院副院长欧阳日辉表示，消费金融正在把县域民生消费作为稳 增长的重要战场，聚焦新市民创业就业和大宗商品消费，释放县域消费活力，要加快与快递物流、县域 电子商务、公共服务平台等合作共建，多举措推动分期服务嵌入更多场景。 （文章来源：经济日报） 分期服务嵌入场景成为消费金融提振消费的亮点之一。今年以 ...

Core Insights - The recent "Double Festival" period saw a surge in consumer spending across various sectors, including cultural tourism, dining, and home appliances, driven by extended promotional activities and consumer-friendly measures [1][2] Group 1: Consumer Finance Companies' Actions - During the "Double Festival" from October 1 to October 8, new users for a consumer finance service reached 351,600, with a transaction volume of 4.575 billion yuan [2] - Haier's consumer finance service expanded its reach with promotions like "0 down payment, 0 interest, and 0 fees," leading to significant increases in loan amounts and numbers compared to the previous year [2] - Consumer finance companies focused on key areas such as home appliances, cultural tourism, and green consumption, while enhancing online self-operated channels to attract consumers [2][3] Group 2: Policy Support and Market Trends - Various local governments have launched initiatives like "Consumption Promotion Month" to stimulate spending, supported by policies encouraging financial institutions to increase credit in service consumption [4] - The combination of government subsidies, discounts, and installment plans has effectively activated consumer spending potential, particularly in mobile devices and AI hardware [4] - Four consumer finance companies were selected as initial loan processing institutions under the personal consumption loan subsidy policy, indicating a strong alignment with national consumption support initiatives [4] Group 3: Technological and Environmental Innovations - A consumer finance company launched a personal carbon account, achieving over 5.78 million users and contributing to significant carbon reduction efforts [7] - The integration of technology in consumer finance services has enhanced service efficiency and user experience, with AI models being widely applied across various business scenarios [7] - Industry experts anticipate sustained consumer enthusiasm in the fourth quarter, with emerging consumption models and business formats expected to bring more vitality and opportunities to the market [7]

Group 1: Digital Transformation in Consumer Finance - The implementation of the "High-Quality Development Implementation Plan for Inclusive Finance" aims to establish a comprehensive inclusive financial system within five years, promoting common prosperity [1] - Financial institutions are focusing on technology finance, green finance, and digital finance to enhance service quality and support economic development [1] - Companies like Ma Shang Consumer Finance have built a research team of over 3,200 people, representing more than 70% of their workforce, and developed over 1,000 core technology systems [2][3] Group 2: AI and Technology Integration - Haier Consumer Finance has invested 2 billion yuan in technology research and development, with over 70% of its workforce dedicated to technology [3] - The introduction of AI-driven models, such as "Zhaolian Zhilu," enhances financial service efficiency and user experience [2] - Companies are transitioning from labor-intensive to intelligence-intensive models, fundamentally changing the logic of financial services [3] Group 3: Risk Management and Innovation - Centralized risk management models combining data, algorithms, and strategies are being established to enhance risk identification and fraud prevention [5] - Companies are actively applying for patents and developing software to support their technological innovations, with a total of 146 patents filed by one company [4] - The focus on digital transformation is aimed at optimizing business processes and improving service experiences in a competitive market [5] Group 4: Inclusive Finance and Consumer Services - Licensed consumer finance institutions are designing differentiated products to lower service thresholds and enhance accessibility [6] - Companies like Zhongyuan Consumer Finance have served over 3 million new citizens, providing loans exceeding 4.7 billion yuan [6] - Ma Shang Consumer Finance targets new citizens and students, offering flexible small retail financial products and achieving over 2 billion users by the end of 2024 [7] Group 5: Green and Elderly Finance - Consumer finance institutions are integrating green finance initiatives to support sustainable development and promote green consumption [8] - Innovations in elderly finance include identity verification systems and financial literacy programs to protect older adults from fraud [9] - Companies are leveraging technology to enhance financial services for rural populations, improving access to credit [10]