Core Viewpoint - The Chinese government emphasizes the importance of expanding domestic demand and consumption as a key component of economic circulation, with a focus on promoting new types of consumption driven by digital, green, and intelligent developments [1][2]. Group 1: New Consumption Development - The "14th Five-Year Plan" period sees rapid growth in China's digital economy, with new information technologies and infrastructure significantly enhancing new consumption through innovation in products, scenarios, and business models [2]. - Emerging consumption trends include online shopping, contactless delivery, ride-hailing, and social e-commerce, which are increasingly appealing to younger consumers who prefer green and health-oriented options [2][3]. - The need to accurately grasp the development trends and characteristics of new consumption is critical for optimizing the consumption environment and promoting healthy growth in this sector [2]. Group 2: Infrastructure and Data Utilization - Increased investment in rural areas and specific sectors is necessary to accelerate digital transformation and improve data resource utilization efficiency [3][4]. - Policies must be tailored to the unique characteristics of various new consumption services, requiring a cross-disciplinary talent pool that understands both professional knowledge and digital technology [3][4]. Group 3: Policy and Market Environment Optimization - Creating a favorable market environment for new consumption involves simplifying licensing processes and allowing market entities to innovate in service content and methods [5][6]. - The establishment of a robust regulatory framework is essential to ensure online and offline integration, enhance real-time supervision, and combat false advertising and counterfeit goods [5][6]. Group 4: Technological Innovation and Standards - Promoting the integration of new information technologies and encouraging the development of smart products and interactive applications are vital for leading new consumption [6]. - The establishment of a digital service standards system and the formulation of national and industry standards for emerging business models are necessary to ensure quality and compliance in the new consumption landscape [6].

Group 1 - The Ministry of Industry and Information Technology proposed an action plan to enhance the adaptability of supply and demand for consumer goods, accelerating the development and application of technologies such as artificial intelligence terminals, ultra-high-definition video, and smart wearables [2] - The application of AI technology is expected to create new business models and industries, with over a hundred AI terminals like AI smartphones and AI computers contributing to economic growth [2][3] - The domestic smart glasses market saw a shipment volume of 494,000 units in Q1 this year, representing a year-on-year growth of 116.1%, while the AR/VR market had a shipment volume of 135,000 units, growing by 25.2% [2][3] Group 2 - XREAL, a smart glasses brand, ranks among the top two in the global AR/VR industry, with the CEO stating that smart glasses are poised to become a key mobile terminal in the AI era [3] - The ultra-high-definition video industry in China is experiencing stable growth, with a well-established industrial chain spanning video production, network transmission, terminal presentation, and industry applications [3][4] - By 2030, it is predicted that 80% of households in China will adopt ultra-high-definition entertainment scenarios, driving demand for technologies like 8K high refresh rates and Mini LED displays [4] Group 3 - Recommendations include supporting the replacement of old consumer goods and accelerating the promotion of 4K/8K televisions, AI smartphones, and virtual reality terminals [5] - There is a call for enhancing infrastructure capabilities such as network bandwidth and transmission speed to support the development of the ultra-high-definition video industry [5] - Collaboration between academia, research institutions, and enterprises is encouraged to jointly develop new technologies, products, and applications in the ultra-high-definition video sector [5]

Group 1 - The Ministry of Industry and Information Technology proposed a plan to enhance the adaptability of consumer goods supply and demand, accelerating the development and application of technologies such as artificial intelligence terminals, ultra-high-definition video, and smart wearables [1] - The application of AI technology is expected to create new business models and industries, with over a hundred AI terminals like AI phones, AI computers, and AI glasses emerging as new growth points for economic development [1] - The domestic smart glasses market saw a shipment volume of 494,000 units in Q1 this year, representing a year-on-year growth of 116.1%, while the AR/VR market had a shipment volume of 135,000 units, growing by 25.2% [1][2] Group 2 - XREAL, a smart glasses brand, ranked among the top two in the global AR/VR industry, with the CEO stating that smart glasses are poised to become a key mobile terminal in the AI era [2] - The ultra-high-definition video industry in China is experiencing stable growth, with a well-established industry chain encompassing video production, network transmission, terminal presentation, and industry applications across various sectors [2][3] - By 2030, it is predicted that 80% of households in China will adopt ultra-high-definition entertainment scenarios, driving demand for technologies like 8K high refresh rates and wide color gamut displays [3]