付凌晖介绍，从服务消费结构看，一是文旅服务增势较好。各地积极发展文旅消费新模式，体育赛事、 演出市场活跃，文旅休闲等相关消费较快增长。数据显示，1—10月份，旅游咨询租赁服务类、交通出 行服务类、文体休闲服务类零售额均保持10%以上较快增长。 中经记者 谭志娟 北京报道 10月份，消费市场保持稳定增长态势，服务消费成为经济亮点。 近日，国家统计局发布数据显示，1—10月份，服务零售额同比增长5.3%，增速比前三季度加快0.1个百 分点，高于同期商品零售额增速0.9个百分点。 招商证券首席宏观分析师张静静在研报中表示，服务消费的亮眼表现，表明促消费政策效果持续显现， 且消费结构正向着文旅、休闲等领域优化。 11月14日，国家统计局新闻发言人付凌晖答记者问时表示，我国居民消费正在加快转型，服务消费增长 日益成为居民消费的重要增长点。在国庆中秋假日效应因素的带动下，10月份服务消费持续较快增长。 《中国经营报》记者注意到，今年国庆中秋双节叠加，居民返乡探亲、旅游出行需求增加，带动餐饮、 住宿、文娱、交通等相关领域消费增长加快。国家统计局数据显示，10月份，餐饮收入同比增长 3.8%，增速比9月份加快2.9个百分点； ...

Group 1 - The core viewpoint of the article highlights the ongoing efforts to boost consumption across various regions and sectors in China, with a focus on initiatives such as trade-in programs for consumer goods and the promotion of digital and service consumption [1][6] - In October, retail sales of sports and entertainment products increased by 10.1% year-on-year, while cosmetics retail sales grew by 9.6%, indicating a shift in consumer spending towards upgraded experiences and products [3][4] - The trade-in policy for consumer goods has shown significant effects, with retail sales of communication equipment rising by 23.2% and cultural office supplies by 13.5% in October, both outpacing the overall retail sales growth [4] Group 2 - Service consumption has also seen positive growth, with retail sales accelerating by 0.1 percentage points compared to the previous months, driven by the National Day and Mid-Autumn Festival holiday effects [5] - Retail sales in the tourism, information services, and cultural and recreational services categories maintained a growth rate of nearly 10% in October, reflecting strong consumer demand in these sectors [5]

Core Insights - Since 2025, the consumption market has shown stable growth due to the implementation of policies aimed at boosting consumption, leading to the continuous release of consumption potential [1] - The retail sales of consumer goods in the first three quarters of 2025 increased by 4.5% year-on-year, reflecting a steady growth in market sales compared to the same period last year [3] - The contribution rate of final consumption expenditure to economic growth reached 53.5%, an increase of 9.0 percentage points compared to the previous year, continuing to serve as a main engine for economic growth [16] Consumption Trends - The growth of service consumption has accelerated, with service retail sales increasing by 5.2% year-on-year in the first three quarters, outpacing the growth of goods retail sales by 0.6 percentage points [9] - The "old-for-new" policy has driven significant growth in related retail categories, with furniture retail sales increasing by 21.3% year-on-year, and home appliances and cultural office supplies seeing increases of 25.3% and 19.9%, respectively [12] - Online consumption has continued to thrive, with online retail sales growing by 9.8% year-on-year in the first three quarters, indicating a sustained acceleration in growth since May [14] Policy Impact - The macroeconomic research department of the National Information Center indicates that the policy dividends are continuously being released, and innovations in business models are effectively stimulating consumer enthusiasm and meeting the demand for quality and diversified consumption upgrades [6]

Core Insights - The consumer market in China has shown stable growth this year, driven by effective consumption-boosting policies and the expansion of new consumption formats, models, and scenarios [1] Group 1: Retail Performance - The total retail sales of consumer goods in the first three quarters increased by 4.5% year-on-year, which is an acceleration of 1.2 percentage points compared to the same period last year and 1.0 percentage point compared to the entire last year [3] - Service consumption has accelerated, with retail sales in the service sector growing by 5.2% year-on-year in the first three quarters, outpacing the growth of goods retail sales by 0.6 percentage points [3] - Specific service categories such as cultural, sports, and leisure services, communication and information services, and transportation services have all achieved double-digit growth [3] Group 2: Specific Product Categories - The "trade-in" policy has significantly boosted retail sales in related categories, with furniture retail sales increasing by 21.3% year-on-year in the first three quarters [5] - Retail sales of household appliances and audio-visual equipment, as well as cultural and office supplies, grew by 25.3% and 19.9% year-on-year, respectively, showing a marked acceleration compared to the previous year [5] Group 3: Online Consumption - Online retail sales increased by 9.8% year-on-year in the first three quarters, with growth accelerating since May, indicating a strengthening role of online consumption in driving total retail sales [5] Group 4: Economic Contribution - Final consumption expenditure contributed 53.5% to economic growth in the first three quarters, an increase of 9.0 percentage points compared to the entire last year, reinforcing its role as the main engine of economic growth [6]

Group 1: Overall Economic Performance - The retail sales of social consumer goods increased by 4.6% year-on-year from January to August, with service retail sales growing by 5.1%, indicating a continuous expansion of market sales [1][3] - In August, the retail sales of goods increased by 3.6% year-on-year, supported by policies encouraging consumers to upgrade their purchases and the sales of related products [1][2] Group 2: Consumer Trends - The demand for goods consumption continued to grow, with significant increases in retail sales of home appliances, cultural and office supplies, and furniture, all exceeding 10% year-on-year in August [1][2] - Service consumption showed stable growth, with a year-on-year increase of 5.1% from January to August, driven by tourism and recreational activities during the summer [2][3] Group 3: New Consumption Patterns - Online retail sales increased by 9.6% year-on-year from January to August, outpacing the overall retail sales growth, with physical goods online retail sales growing by 6.4% [2] - The retail volume of new energy vehicles in the passenger car market grew by over 20% year-on-year in the first eight months [2]

Group 1 - Consumption is the main driver of China's economic growth in the first half of the year, contributing over 50% to GDP growth [1] - In July, China's retail sales of consumer goods grew by 3.7% year-on-year, a decrease of 1.1 percentage points from the previous month, but the overall consumption trend remains stable [1] - The service retail sector showed resilience, with a 5.2% year-on-year growth from January to July, consistent with the previous six months [1] Group 2 - Policies to stimulate consumption are being implemented, including a significant increase in the "old-for-new" consumption policy, which has led to substantial growth in retail sales of home appliances and other categories [2] - The National Development and Reform Commission has allocated 69 billion yuan in special bonds to support the "old-for-new" consumption initiative, with plans for additional funding in October [2] - The performance of the service retail sector has opened up greater opportunities for consumption growth, with significant increases in tourism and entertainment-related spending during the summer [2] Group 3 - The demand for digital and online entertainment services is growing, with retail sales in the telecommunications and information services sector increasing by over 10% year-on-year [3] - Deutsche Bank's chief economist in China noted that the government is intensifying support for service consumption, particularly in cultural tourism, healthcare, and domestic services, which are expected to drive economic growth [3] - With the implementation of new policies to support personal consumption loans and the upcoming holiday season, there is optimism for a rebound in consumption growth in the latter half of the year [3]

Core Insights - In July, the retail sales of consumer goods in China showed a year-on-year growth of 3.7%, a decrease of 1.1 percentage points compared to the previous month, indicating a slowdown in the growth rate of the goods market [1] - The service retail sector remained stable, with a growth rate of 5.2% from January to July, consistent with the previous six months, suggesting that the overall consumption trend is still on the rise [1] Group 1: Goods Retail Performance - The "old-for-new" consumption policy has positively impacted sales, with retail sales of home appliances and audio-visual equipment, cultural and office supplies, furniture, and communication equipment growing by 28.7%, 13.8%, 20.6%, and 14.9% respectively in July [1] - There is a notable increase in the sales of upgraded goods, driven by rising consumer demand for quality, with retail sales of sports and entertainment goods and gold and jewelry growing by 13.7% and 8.2% respectively [1] Group 2: Service Retail Performance - The cultural and tourism service retail sector has seen significant growth, driven by increased travel demand during the summer, with various services such as tourism consulting, transportation, and cultural leisure services maintaining double-digit growth [2] - Information service retail has also experienced rapid growth, with retail sales in the telecommunications and information services sector increasing by over 10%, reflecting a positive development trend in the industry [2] Group 3: Emerging Consumption Trends - Online and emerging consumption channels are thriving, with physical goods online retail sales growing by 6.3% year-on-year, an acceleration of 0.3 percentage points compared to the first half of the year [2] - New consumption models such as live-streaming sales and the silver economy are rapidly developing, indicating the emergence of new growth points in consumption [2]