The article points out that in the second half of the year, it is appropriate to take advantage of the momentum to expand domestic demand and boost consumption, and push all kinds of measurable and attainable measures to come out early. The growth rate of total retail sales of social consumer goods and the growth rate of fixed asset investment have slowed since entering June. Furthermore, since the third quarter of last year, the central government's increased support for the “two new” policies has achieved remarkable results, but it has also brought high base challenges to consumption growth in the second half of this year. Therefore, various policy measures to expand domestic demand still require continued efforts. Optimizing supply cannot rely on market power alone. In particular, in the field of service consumption, government departments still need to continue to push to lower market entry thresholds and lower various institutional transaction costs, so that enterprises can truly liberalize their hands to explore market opportunities; on the demand side, the government also needs to act as soon as possible to speed up implementation of key measures such as increasing the income of urban and rural residents, establishing and implementing childcare allowance systems, and increasing support for the development of the pension industry.

Zhitongcaijing · 07/17 22:49
The article points out that in the second half of the year, it is appropriate to take advantage of the momentum to expand domestic demand and boost consumption, and push all kinds of measurable and attainable measures to come out early. The growth rate of total retail sales of social consumer goods and the growth rate of fixed asset investment have slowed since entering June. Furthermore, since the third quarter of last year, the central government's increased support for the “two new” policies has achieved remarkable results, but it has also brought high base challenges to consumption growth in the second half of this year. Therefore, various policy measures to expand domestic demand still require continued efforts. Optimizing supply cannot rely on market power alone. In particular, in the field of service consumption, government departments still need to continue to push to lower market entry thresholds and lower various institutional transaction costs, so that enterprises can truly liberalize their hands to explore market opportunities; on the demand side, the government also needs to act as soon as possible to speed up implementation of key measures such as increasing the income of urban and rural residents, establishing and implementing childcare allowance systems, and increasing support for the development of the pension industry.