CCTV News: The State Council Information Office held a series of press conferences on the afternoon of January 15 on the "Achievements of China's High-Quality Economic Development" and Li Gang, Director of the Market Operation and Consumption Promotion Department of the Ministry of Commerce, introduced at the meeting that the Central Economic Work Conference emphasized that it is necessary to vigorously boost consumption and expand domestic demand in all aspects. The Ministry of Commerce will conscientiously implement it, promote special actions to boost consumption, continue to release consumption potential, and focus on doing five aspects:
First, we will increase efforts to expand the implementation of old-for-new consumer goods, and stabilize the basic consumption. Recently, the central government has issued an initial batch of 81 billion yuan in 2025 for consumer goods traded for new products. This week, the Ministry of Commerce will issue detailed regulations on the implementation of subsidies for increasing efforts to support the purchase of new subsidies for automobiles, home appliances, home decoration and electric bicycles in 2025, as well as mobile phones. In the next step, the Ministry of Commerce will further optimize the policy operation process and strengthen policy publicity and interpretation, so that consumers can understand the policies more clearly and enjoy benefits.
The second is to expand service consumption and optimize consumption structure. In 2024, the State Council issued the "Opinions on Promoting the High-Quality Development of Service Consumption", and the Ministry of Commerce took the lead in building a "1+N" policy and measure system for service consumption. In the next step, the Ministry of Commerce will launch a combination of policies, implement the action to improve the quality of service consumption and benefit the people, work with relevant departments to improve support policies in key areas, carry out service consumption promotion activities such as "Service Consumption Season" and "Chinese Food Festival", promote the orderly expansion of opening up in the fields of telecommunications, education, and medical care, enrich the supply of service consumption, and better meet the people's growing service consumption needs.
The third is to innovate and organize consumption expansion activities to create a consumption atmosphere. The Ministry of Commerce will work with local governments to highlight key periods, focus on key categories, link online and offline, and organize consumption promotion activities that are diverse in forms and are popular among the people. Recently, in order to meet the consumption needs of the people such as welcoming the New Year and New Year goods, the Ministry of Commerce has launched activities such as time-honored carnival and online New Year goods festival. After the festival, it will also hold consumption promotion activities such as Consumption Promotion Month. Everyone is welcome to pay attention.
The fourth is to cultivate and strengthen new consumption and stimulate consumption vitality. Guide local governments to develop the initial economy according to local conditions, vigorously develop digital consumption, green consumption, and healthy consumption, innovate diversified consumption scenarios, and actively cultivate new consumption growth points.
Fifth, improve consumption conditions and optimize the consumption environment. The Ministry of Commerce will accelerate the cultivation of international consumption center cities and create a more friendly international consumption environment. Promote the transformation of facilities in pedestrian streets and business districts and upgrades business formats, focus on "one old and one young", and deepen the construction of a convenient living circle for a quarter of an hour. Deeply implement the three-year county commerce action, promote the transformation and upgrading of "Thousand Collections and Ten Thousand Stores", and continuously facilitate consumption of urban and rural residents. Implement the task of building a unified national market and create a good consumption environment.