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New consumption fieldFollow closely the policy orientation: investors should pay close attention to the implementation of the national policy of expanding domestic demand and promoting consumption, and the impact of related policies on different sectors and industries.When planning the economic work in the second half of the year and for some time to come, the the Political Bureau of the Communist Party of China (CPC) Central Committee Conference particularly emphasized the need to boost consumption and expand domestic demand. This policy orientation has brought unprecedented development opportunities to many sectors and industries.

Automobile, household and electronic products: With the continuous promotion of the "trade-in" policy, the consumption potential in these areas has been further released. For example, such measures as changing cars for "energy", changing home appliances for "intelligence" and "rejuvenation" of home improvement kitchen and bathroom not only promoted the upgrading of related products, but also stimulated consumers' desire to buy."Expanding Domestic Demand, Promoting Consumption and Nuggeting Cattle: A Comprehensive Analysis of Consumption Potential Plate and Investment Opportunity" (Original)

Cultural tourism, old-age care, child-rearing and housekeeping: service consumption has become an important incremental source of household consumption. With the improvement of service quality and the innovation of consumption scenarios, the consumption growth momentum in these areas is strong. It is expected that in the future, with the further support of policies and the continuous release of market demand, the service consumption field will continue to maintain rapid growth.Cultural tourism, old-age care, child-rearing and housekeeping: service consumption has become an important incremental source of household consumption. With the improvement of service quality and the innovation of consumption scenarios, the consumption growth momentum in these areas is strong. It is expected that in the future, with the further support of policies and the continuous release of market demand, the service consumption field will continue to maintain rapid growth.Key sectors and industry analysis