CCTV News: The Chinese government has released unprecedented plans to boost consumption, and has coordinated efforts from multiple aspects such as income guarantee, consumption environment, and financial support to activate the "pool of spring water" of consumption.

The US Bloomberg News Agency: New measures inject new vitality

The National Bureau of Statistics of China announced on March 17 that the total retail sales of consumer goods from January to February 2025 increased by 4.0% year-on-year, 0.5 percentage points faster than the previous year, exceeding previous expectations. According to reports, the latest action plan released by the Chinese government to boost consumption covers eight areas and will boost consumption by increasing revenue, stabilizing the stock market and the real estate market. Local governments have introduced supporting measures according to local conditions. For example, Hohhot, Inner Mongolia has announced new parenting subsidies, and Beijing will promote "reasonable growth" of wages, study the establishment of a child care subsidy system, and strengthen the driving role of investment on consumption.

Singapore's Straits Times: Improve income and improve protection and enhance consumption confidence

The "Special Action Plan for Promoting Consumption" issued by the Chinese government aims to boost society's confidence in consumption from the two aspects of promoting employment, increasing income, improving social security, and enhancing a sense of security. On the one hand, the Chinese government strives to protect employment and increase income, strengthen support for entrepreneurs and training for the unemployed, and support farmers to obtain more income, so that people can use more income to consume; on the other hand, the Chinese government continues to strengthen social security by increasing pensions, providing maternity insurance, and maintaining workers' rest and leave rights, so as to boost people's sense of security and enhance people's consumption confidence.

Wenhui.com, Hong Kong, China: Focus on artificial intelligence + consumption and open up a new consumption track

The "Special Action Plan to Boost Consumption" focuses on "artificial intelligence + consumption", aiming to accelerate the application of new technologies such as autonomous driving, smart wearable, ultra-high-definition video, promote the development of new consumption, and enable cutting-edge scientific and technological achievements to benefit more consumers. At the same time, the plan proposes to use policy tools such as financial subsidies and loan interest subsidies to support key cities in carrying out pilot projects for new consumption formats, create internationally friendly business districts, improve the convenience of foreign personnel's entry consumption, and further expand the consumer market. These measures will effectively promote China's consumption upgrading, promote the deep integration of technology and consumption, and help the development of new industries and new business formats.

Malaysian "Star": The rise of the silver hair economy helps cultural and tourism consumption

The new consumption boost plan proposes to actively develop anti-aging, silver hair tourism and other industries to release the potential of the silver hair consumption market. In She County, Anhui, a B&B operator said that he combined beautiful scenery, history and culture with medical care and health care, attracting a large number of silver-haired tourists. The design of cultural and tourism products exclusive to silver-haired tourists is also constantly innovating. Tourism products such as health care vacation tourism, rural leisure tourism, senior study tourism, health and medical tourism have emerged, providing more diversified choices for the elderly.