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Consumption set to continue robust growth

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Consumption set to continue robust growth

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xinwen.mobi 发表于 2025-7-4 02:58:13 | 显示全部楼层 |阅读模式

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"Consumption set to continue robust growth" means that consumption is expected to maintain a strong and rapid growth trend. According to relevant reports, with the support of policies, China's consumption is likely to continue its robust growth in the second half of 2025. The specific analysis is as follows

海量-Consumption set to continue robust growth(1)

olicy - driven: The central government has earmarked 300 billion yuan in ultra - long - term treasury bonds for the whole - year consumer goods trade - in program. The first two batches of fiscal funds, totaling 162 billion yuan, have been allocated in January and April, and the third batch is scheduled to be allocated in July. If the remaining 138 billion yuan is used up in advance, there may be additional funds. At the same time, the People's Bank of China has also stated that it will use various tools to support the trade - in program, such as increasing credit support for recycling enterprises and home - improvement suppliers.Growth momentum: Driven by the trade - in policy and online platform promotion activities, the growth rate of consumption in May 2025 reached a new high since 2024. The retail sales of consumer goods increased by 6.4% year - on - year, and the sales of household appliances, furniture, communication equipment and other products related to trade - in have increased rapidly. The sales volume has exceeded 1.4 trillion yuan in the first half of the year.Service consumption potential: As China's per - capita GDP has exceeded 13,000 US dollars, the consumption structure is accelerating its transformation and upgrading, and the service consumption growth space is huge. In the future, consumption is gradually developing in the direction of green, intelligent and personalized. Service consumption will become a new driving force for consumption growth, and fields such as elderly care, tourism, fitness and healthcare have broad development prospects.

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Consumption set to continue robust growth

Consumption set to continue robust growth

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