How to promote consumption?, News 1+1 | New round of consumption voucher scale | Consumption | News
Since entering August, some places have started a new round of consumption voucher issuance, which has lasted for a long time and is not small in scale. Mainly focusing on the fields of automobiles, home appliances, and cultural tourism. What are the new features of this round of distributing consumption vouchers? What kind of impact can it have at the moment? There are less than five months left until the end of the year, how can we further promote consumption? Bai Yansong invites Zhang Liqun, a researcher from the Macroeconomic Research Department of the Development Research Center of the State Council, to jointly pay attention to how to promote consumption in the new round of consumption vouchers?
Distribute new round of consumption vouchers in various regions
Recently, numerous consumption vouchers have been launched in various regions. Starting from August 16th, Dalian, Liaoning Province will issue a total of 33 million yuan worth of car consumption vouchers; From August 11th to December, Wuhan, Hubei Province will distribute cultural and tourism consumption vouchers worth a total of 145 million yuan to tourists nationwide in three stages and multiple batches; In Jiangxi, the distribution of consumption vouchers has increased in the second half of this year, with a total amount of 100 million yuan for provincial-level consumption vouchers... Click on the video to watch together ↓
Why is the new round of consumer voucher issuance making efforts in the field of commodities?
Zhang Liqun, a researcher at the Macroeconomic Research Department of the Development Research Center of the State Council: In the past two years, the distribution of consumption vouchers mainly focused on basic consumer goods, such as food, clothing, and use. This round of distribution of consumption vouchers has begun to extend to some bulk consumer goods. We see that the current areas of consumer expansion for residents actually have a relatively large space in terms of housing, transportation, and bulk consumption. The current extension of the use of consumer vouchers to this field indicates that we expect to achieve greater and more significant results in expanding consumption. So, the current change in the direction of issuing consumption vouchers means that the urgency of further expanding consumption is increasing, and the expectations for expanding consumption are increasing.
What are the measures to promote consumption in the second half of the year
On July 17th, the semi annual report of the Chinese economy was released; On July 24th, the Politburo of the Central Committee emphasized the need to actively expand domestic demand and leverage the fundamental role of consumption in driving economic growth; On July 31st, the National Development and Reform Commission issued 20 measures to restore and expand consumption. Next, how will the measures to promote consumption take effect? What other policy tools can be used to promote consumption? Click on video ↓
What new policy tools can be used to promote consumption in the future?
Zhang Liqun, a researcher at the Macroeconomic Research Department of the Development Research Center of the State Council: To promote consumption, another factor that needs to be considered is to expand employment and increase household income. Without income support, consumption is difficult to sustain and it is difficult to blossom in multiple aspects. So, the next step is to expand consumption, focus on employment, and quickly boost the production and operation forms of enterprises, comprehensively recovering and improving. In addition, the crucial role of investment is also very important. Through investment, especially government investment, it can effectively drive the increase of enterprise orders, stimulate the activity of enterprise production and investment, and thereby improve the employment situation, increase resident income, and drive comprehensive consumption activity. Only in this way can I expand consumption and have a better momentum.
