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Only by improving the consumption level of the whole people can we promote economic development! ! ! Therefore, boosting consumption will be the top priority of economic work.Article source: Securities TimesZhao Bo, an associate professor of economics in the National Development Research Institute of Peking University, pointed out that since the Third Plenary Session of the Eleventh Central Committee of the Communist Party of China, the proportion of China's household consumption in GDP has experienced a short-term rise and a continuous decline, and rebounded around 2009, and it is currently maintained at around 40%.

Article source: Securities TimesIn the specific deployment, the Central Economic Work Conference decided to "implement special actions to boost consumption, promote low-and middle-income groups to increase their income and reduce their burdens, and enhance their spending power, willingness and level. Appropriately raise the basic pension for retirees, raise the basic pension for urban and rural residents, and raise the financial subsidy standard for medical insurance for urban and rural residents. "Article source: Securities Times

Only by improving the consumption level of the whole people can we promote economic development! ! ! Therefore, boosting consumption will be the top priority of economic work.At the same time, the meeting also decided to "intensify efforts to expand the scope and implement the' two new' policies" next year, which is also an important point of view of the incremental policy next year. In the early stage of the trade-in policy for consumer goods, Shenzhen, Shanghai and other places have explored the expansion of financial subsidies from eight categories of household appliances to 3C products, and arranged incremental measures such as "expanding the scope" of financial funds at the same level.