According to the latest tax data released by the State Administration of Taxation, consumer demand has continued to be released since this year, driven by policies such as trade-in of consumer goods. Sales of products such as home appliances and new energy vehicles have maintained rapid growth, while cultural tourism, sports and other fields are also showing high consumption popularity. According to invoice data, in the first 11 months of this year, sales revenue from the retail business of communication equipment such as mobile phones and the retail sales of household appliances such as refrigerators increased by 20.3% and 26.5%, respectively. Consumption of new energy vehicles also continued to improve, and sales revenue of new energy passenger vehicles increased 19.1% year over year. At the same time, new business formats and scenarios in the cultural tourism market continue to emerge, stimulating the continuous growth of consumer vitality. Furthermore, the sports and health sector is showing a high level of consumption. According to invoice data, in the first 11 months of this year, retail sales of sports exhibition services, sporting goods and equipment increased by 29.7% and 6.6%, respectively. At the same time, health consumption continues to become a new consumer hotspot, and sales revenue from the retail sales of health adjuvant treatment equipment and health consulting services all maintained more than double-digit growth.

According to the latest tax data released by the State Administration of Taxation, consumer demand has continued to be released since this year, driven by policies such as trade-in of consumer goods. Sales of products such as home appliances and new energy vehicles have maintained rapid growth, while cultural tourism, sports and other fields are also showing high consumption popularity. According to invoice data, in the first 11 months of this year, sales revenue from the retail business of communication equipment such as mobile phones and the retail sales of household appliances such as refrigerators increased by 20.3% and 26.5%, respectively. Consumption of new energy vehicles also continued to improve, and sales revenue of new energy passenger vehicles increased 19.1% year over year. At the same time, new business formats and scenarios in the cultural tourism market continue to emerge, stimulating the continuous growth of consumer vitality. Furthermore, the sports and health sector is showing a high level of consumption. According to invoice data, in the first 11 months of this year, retail sales of sports exhibition services, sporting goods and equipment increased by 29.7% and 6.6%, respectively. At the same time, health consumption continues to become a new consumer hotspot, and sales revenue from the retail sales of health adjuvant treatment equipment and health consulting services all maintained more than double-digit growth.