National Bureau of Statistics: The upgrading of residents' consumption structure and the strengthening of new consumption drivers remain important influencing factors for consumption growth

2026-03-16 12:13

Economic Observation Network On March 16th, the State Council Information Office held a press conferenceFu Linghui, spokesperson for the National Bureau of Statistics, Chief Economist, and Director of the Comprehensive Statistics Department of the National Economy, stated that overall, from January to February, market sales showed positive changes, with increased growth momentum. This is the result of the combined effects of promoting consumption policies, upgrading consumption, and the growth of new consumption drivers. From a later perspective, the upgrading of residents' consumption structure and the strengthening of new consumption momentum remain important factors affecting consumption growth. The implementation of a series of policies to promote consumption will further boost consumption growth, and consumption is expected to continue to grow steadily. Of course, it should also be noted that building a strong domestic market and stimulating the endogenous consumption power of residents still require sustained efforts. In the next stage, we need to leverage the advantages of China's super large market, deeply implement the special action to boost consumption, formulate and implement plans to increase the income of urban and rural residents, promote the expansion and upgrading of commodity consumption, implement actions to improve the quality and benefit of service consumption, continuously optimize the consumption environment, unleash the consumption potential of cultural tourism, sports events, health and other fields, stimulate consumption vitality, better promote economic circulation, and continuously improve people's livelihoods.

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