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2025-12-13 12:11:11
[China Economic Annual Conference: Optimizing the Implementation of "Two New" Policies to Give Local Governments More Autonomy] Today (13th), at the 2025-2026 China Economic Annual Conference held by the China Center for International Economic Exchanges, Han Wenxiu, Deputy Director of the Central Financial and Economic Affairs Commission and Director of the Central Rural Work Leading Group Office, stated that the implementation of "two new" policies should be optimized to give local governments more autonomy. Han Wenxiu introduced that since the beginning of this year, the "trade-in" policy for consumer goods has driven rapid growth in sales of related products. The market penetration rate of new energy vehicles approached 60% in November. Consumption in sports events, cultural tourism, and other sectors is booming. The next step is to further implement special actions to boost consumption, formulate and implement plans to increase the income of urban and rural residents, and continue to increase the basic pension for urban and rural residents. New demand should guide new supply, and new supply should create new demand. Adapting to changes in consumption structure, expanding the supply of high-quality goods and services, optimizing the implementation of "two new" policies, giving local governments more autonomy, and eliminating unreasonable restrictions in the consumption sector will unleash the potential of service consumption. There is still significant room for growth in inbound consumption in my country. The environment for inbound consumption should be optimized, and the "Buy in China" brand should be built. (CCTV News)
