B[National Bureau of Statistics: Industrial transformation and upgrading have led to increased demand and rising prices in some industries] On September 9, Dong Lijuan, chief statistician of the Urban Department of the National Bureau of Statistics, interpreted the CPI and PPI data for August 2026 and said that from a month-on-month perspective, the national PPI increased by 0.4% from a decrease of 0.7% in the previous month. The main characteristics of this month's PPI month-on-month operation are: First, input factors affect price increases in related domestic industries. The rise in international crude oil and non-ferrous metal prices has driven up prices in related domestic industries. Among them, the prices of oil extraction, refined petroleum product manufacturing, and organic chemical raw material manufacturing have increased by 10.4%, 4.1%, and 0.9% respectively. The prices of non-ferrous metal smelting and rolling processing industries have increased by 0.8%. The four industries have collectively affected the PPI to rise by about 0.31 percentage points month-on-month. Second, industrial transformation and upgrading have led to increased demand and rising prices in some industries. The cultivation of new driving forces was accelerated, and the "smart" and "green" content of industrial development continued to increase. The manufacturing prices of electronic circuits increased by 3.5%, the manufacturing prices of virtual reality equipment increased by 1.9%, and the manufacturing prices of service consumption robots increased by 0.3%; the prices of biomass fuel processing and comprehensive utilization of waste resources both increased by 0.3%. Third, the price trends in some industries show seasonal characteristics. The seasonal increase in demand for electricity and coal in August drove prices in the coal mining and washing industry to rise by 2.8%, and electricity supply prices to rise by 1.4%. High temperature and rainy weather affected the construction of construction projects, and prices in the ferrous metal smelting and rolling processing industry and the non-metallic mineral products industry fell by 0.9% and 0.2% respectively. B[Ministry of Commerce: Chinese residents’ digital consumption reached 13.3 trillion yuan in the first half of the year, a year-on-year increase of 4.1%] On September 7, the State Council Information Office held a press conference to introduce the fifth Global Digital Trade Expo. Wang Pengfei, head of the Department of E-commerce and Information Technology of the Ministry of Commerce, introduced the results of the "Guiding Opinions on Vigorously Developing Digital Consumption to Create a Better Life in the Digital Era" in the past year since it was issued. According to estimates from the Ministry of Commerce, in the first half of 2026, the scale of digital consumption by Chinese residents reached 13.3 trillion yuan, a year-on-year increase of 4.1%. Many new generation digital products, such as smart walking exoskeletons and consumer-grade 3D printers, are favored by consumers. Digital services such as online micro-series and virtual reality parks increased by 7.0%, and individual payments for large models increased significantly. Digital consumption continued to play a driving role in China's consumption of goods and services in the first half of the year. A[Seven departments: Expand the supply of artificial intelligence terminals, smart wearables, green home appliances, green building materials, new energy vehicles and other products to support the consumption of green smart products] On September 4, seven departments including the Central Cyberspace Administration of China jointly issued the "Implementation Plan for Promoting Digital Green Collaborative Transformation and Development (2026-2030)". It mentioned that consumption is digital and green. Promote the application of virtual reality, artificial intelligence and other digital technologies to innovate consumption models, encourage travel sharing, space sharing, and item sharing, promote new applications such as virtual home decoration and virtual fitting rooms, explore and develop new business formats such as "Internet + second-hand goods", and improve consumer experience and resource utilization efficiency. Expand the supply of artificial intelligence terminals, smart wearables, green home appliances, green building materials, new energy vehicles and other products to support the consumption of green smart products. Promote the high-quality development project of rural e-commerce and "Internet+" agricultural products from villages to cities to increase the supply of green and high-quality agricultural products. Guide e-commerce platforms to use reusable and easily recyclable packaging, promote the direct delivery of e-commerce express packages with original packaging, and increase the promotion and application of green recycling shared standardized turnover boxes. Establish green consumption certification mechanisms such as green electricity consumption.
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