A[The person in charge of the Department of Consumption Promotion of the Ministry of Commerce interprets the "Implementation Opinions on Promoting the Expansion and Upgrading of Commodity Consumption"] On August 31, the Ministry of Commerce, together with the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Finance, the Ministry of Agriculture and Rural Affairs, the Ministry of Culture and Tourism, the State Administration for Market Regulation and other departments, issued the "Implementation Opinions on Promoting the Expansion and Upgrading of Commodity Consumption". The person in charge of the Department of Consumption Promotion of the Ministry of Commerce said that the "Implementation Opinions" put forward four key tasks to promote commodity consumption. The first is to promote the consumption of bulk durable goods, further promote the pilot reform of automobile circulation consumption, expand automobile consumption throughout the chain, and accelerate the promotion of smart home applications. The second is to steadily increase the consumption of daily necessities and promote the improvement of consumer quality in food, beverages, textiles and clothing, sports, entertainment and other supplies. The third is to support the consumption of specialty commodities, focusing on "one old and one young", supporting the consumption of products for seniors, infants and children; and promoting the consumption of "trendy" domestic products, high-quality foreign trade products, and international boutiques. The fourth is to cultivate and expand the consumption of upgraded commodities, comply with the demand for consumption upgrades, and promote the consumption of green, smart, healthy and other products. A[Ministry of Commerce and other 7 departments: Encourage financial institutions to increase financial support for consumption of automobiles, home appliances and digital products, smart homes, etc. on the premise of legal compliance and controllable risks] On August 31, seven departments including the Ministry of Commerce issued implementation opinions on promoting the expansion and upgrading of commodity consumption. It pointed out that fiscal and financial support should be strengthened. Make good use of policies such as interest discounts on personal consumption loans, interest discounts on loans to service industry operators, and pilot projects for new consumption formats, new models, and new scenarios to give full play to the leveraging role of fiscal funds. Financial institutions are encouraged to increase financial support for consumption of automobiles, home appliances, digital products, smart homes, etc., and develop diversified financial products on the premise of legal compliance and controllable risks. Support financial institutions to deepen cooperation with merchants and platforms to jointly develop financial products and services that adapt to the characteristics of the consumer industry. Improve domestic trade insurance policies and expand underwriting scale and coverage. Grassroots trade unions are encouraged to purchase daily necessities, grain, oil, food, etc. for various condolence activities in accordance with the regulations on the use of trade union funds. A[Seven departments including the Ministry of Commerce: Accelerate the promotion and application of artificial intelligence mobile phones and computers, smart wearable devices, smart robots, smart homes and other products] On August 31, seven departments including the Ministry of Commerce issued implementation opinions on promoting the expansion and upgrading of commodity consumption. Among them, smart consumption is mentioned. Build a national artificial intelligence application pilot base in the consumer field, improve the artificial intelligence product research and development mechanism, and launch a number of internationally leading smart consumer products with high consumption potential. Accelerate the promotion and application of artificial intelligence mobile phones and computers, smart wearable devices, smart robots, smart homes and other products. Construct consumption infrastructure such as "artificial intelligence + consumption" clusters, collection stores, and artificial intelligence application experience centers. A[The Ministry of Commerce and other seven departments: make good use of policies such as personal consumption loan discounts, service industry business entity loan interest discounts, and pilot projects for new consumption formats, new models, and new scenarios to give full play to the leveraging role of fiscal funds] On August 31, seven departments including the Ministry of Commerce issued implementation opinions on promoting the expansion and upgrading of commodity consumption. It mentions strengthening fiscal and financial support. Make good use of policies such as interest discounts on personal consumption loans, interest discounts on loans to service industry operators, and pilot projects for new consumption formats, new models, and new scenarios to give full play to the leveraging role of fiscal funds. Financial institutions are encouraged to increase financial support for consumption of automobiles, home appliances, digital products, smart homes, etc., and develop diversified financial products on the premise of legal compliance and controllable risks. Support financial institutions to deepen cooperation with merchants and platforms to jointly develop financial products and services that adapt to the characteristics of the consumer industry. Improve domestic trade insurance policies and expand underwriting scale and coverage. Grassroots trade unions are encouraged to purchase daily necessities, grain, oil, food, etc. for various condolence activities in accordance with the regulations on the use of trade union funds.
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