China

Unleashing the potential of domestic demand and enhancing development momentum

2025-02-11   

In just 20 days, the number of applicants for new subsidies for purchasing digital products such as mobile phones across the country has exceeded 20 million. This data is thought-provoking. Confirming market size and reflecting policy energy. From the trade in of old cars and home appliances industry to the purchase of new digital products, the "two new" policies have released stronger positive effects. The effective implementation of stock policies and the accelerated introduction of incremental policies have created a "two-way rush" between the government and the efficient market, sparking the super spark of China's super large market. Showcasing purchasing power and highlighting consumption potential. The trend of replacing digital products is a pursuit of high-quality life and a feedback to high-quality supply; It is the fruit of building a unified large market and the effectiveness of practicing the new development concept. By continuously boosting consumption and expanding domestic demand, the main engine of economic growth will become even stronger and more robust. 'Erbin' meets the Asian Winter Games, and sports consumption is' hot and hot '; Ne Zha breaks box office records, movie consumption is thriving, holiday economy is thriving... From the constantly emerging new industries, formats, and models on the occasion of the Chinese New Year, we see the spring spirit of new consumption, the surging spring tide of new momentum, and the infinite spring scenery of a vibrant China. Innovating consumption scenarios, cultivating consumption highlights, optimizing the consumption environment, China's economy is surging and has enormous potential. (New Society)

Edit:Yao jue Responsible editor:Xie Tunan

Source:People's Daily

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