Table of Contents

Foreword / 1

Overview China in the New Era of Consumption / 5

I. Main Trend in the New Era of Consumption / 6

II. Consumption Upgrading Promoting High-Quality Development / 9

III. Promote Structural Reform in the Context of Consumption-Oriented

Transformation / 12

Chapter 1 The World's Largest Consumer Market / 21

Section 1 Enter the New Era of Consumption / 22

I. Continual Expansion of Consumption Scale / 22

II. Overall Rapid Growth of New Forms of Consumption / 31

III. Formation of New Consumer Groups / 37

IV. Popularization of New Consumption Concepts / 40

V. Impetus for Entering the New Era of Consumption / 44

Section 2 Consumption under the Impact of Pandemic / 48

I. 2020: Consumption Was Seriously Impacted by the Pandemic / 48

II. Pandemic Has not Changed the Long-Term Growth Trend of Consumption / 52

Section 3 14th Five-Year Plan: Consumption Will Maintain Fairly Rapid Growth / 55

I. Continual Growth of Consumer Market / 55

II. Consumption Standard Keeps on Rising / 58

III. China Will Become the World's Largest Consumer Market / 60

Chapter 2 Cities Drive Consumption / 69

Section 1 Integration of Urbanization with Consumption Upgrading / 70

I. Consumption Upgrading and Urbanization / 70

II. Urbanization Drives Consumption Upgrading / 72

III. Consumption Function and Consumption Bearing Capacity Influence the Competitiveness of Cities / 76

IV. Cities in China Strive to Foster New Forms of Consumption / 80

Section 2 Growth Space for Consumption in Urbanization / 84

I. Urbanization Is Still in Accelerated Development / 84

II. Urbanization Brings Huge Consumption and Investment Demands / 87

III. Urbanization Produces Huge Scale Effect of Public Consumption / 91

IV. Continuous Release of Consumption Demands Triggered by Urbanization / 94

Section 3 Big Cities and Metropolitan Areas Become Consumption Centers / 96

I. New Trend of Population Gathering in Central Cities and City Clusters / 97

II. Metropolitan Areas Become a Windvane Leading Consumption Upgrading / 100

III. Regional Integration Pushes the Development of Regional Consumption Center Cities / 104

Section 4 International Influence of Urbanization and Consumption Upgrading / 107

I. An Emerging Power in Pursuit of International Quality for Commodities and Services / 107

II. Rising of International Consumption Center Cities / 111

III. Important Influence on Regional Economy and World Economy / 114

Chapter 3 Promote Rural Consumption in All Aspects / 122

Section 1 Rural Area Is a Big Consumer Market / 123

I. A Massive Rural Population in China / 123

II. Income Level of Rural Residents Keeps on Rising / 126

III. Rural Area Is a Growing Big Consumer Market / 132

Section 2 Silent Changes in Rural Consumption / 136

I. Upgrading of Durable Consumer Goods for Rural Residents / 136

II. Rapid Growing of Public Consumption Demands of Rural Residents / 140

III. Fairly Rapid Growth of New Types of Consumption of Rural Residents / 143

Section 3 Promote New Types of Rural Consumption in All Aspects / 148

I. Provide Important Conditions for the Overall Development of New Types of Rural Consumption by Sending Elements to Rural Areas / 148

II. Promote New Types of Rural Consumption with Integrated Development of Industries / 152

III. Promote the Development of Green Agriculture with Green Consumption / 155

IV. Push the Development of Intelligent Agriculture with Digital Consumption / 160

Chapter 4 Consumption Gives Rise to Industrial Transformation / 166

Section 1 Benign Interaction of Consumption Structure Upgrading with Industrial Structure Transformation / 167

I. Upgrading of Industrial Structure Is Accompanied by Evolution of Consumption Structure / 167

II. The New Trend of Service-Oriented Consumption Gives Rise to New Forms in the Development of Service Industry / 171

III. 2025: Service Industry Will Account for about 60% / 173

Section 2 Consumption Structure Upgrading Will Promote Scientific and Technological Transformation / 177

I. The Upgrading of Consumption Structure Provides an Application Market for Technological Transformation / 177

II. Modern Information Technology Accelerates Digital Transformation of Industries / 183

III. Reshape the Core Competitiveness of Industries / 188

IV. Seize the First Change of the New Round of Global Industrial Revolution with Intelligent Manufacturing / 192

Section 3 Green Consumption Promotes the Development of Green Industries / 195

I. Green Consumption Promotes the Green Transformation of Traditional Industries / 196

II. Speed up the Process of New Energy Revolution / 200

III. Green Consumption Pushes China to Achieve Peak Carbon Dioxide Emissions and Carbon Neutrality / 205

Chapter 5 China's Consumption: Significantly Positive to the World's Economic Growth / 212

Section 1 The World's Largest Services Market and Trader of Services / 213

I. China Will Become the World's Largest Services Market / 213

II. Development Trend of the Service Trade / 216

III. High-Quality Development of the Service Trade / 222

IV. 2035: China Will Become the World's Largest Trader in Services / 228

Section 2 Hainan Free Trade Port: Create the World's Largest Duty-Free Shopping Base / 231

I. Creating the World's Largest Duty-Free Shopping Base as an Important Goal / 231

II. China International Consumer Products Expo: A New Platform for the World to Share the Consumption by 1.4 Billion People in China / 234

III. Improving the Duty-Free Shopping Service System Through the China International Consumer Products Expo / 238

Section 3 Institutional Opening-Up in the Context of Consumption-Oriented Transformation / 241

I. Push Forward High-Level Institutional Opening-Up Process / 241

II. Institutional Opening-Up Forced by the Consumption-Oriented Transformation / 246

III. Push Forward Major Tasks of Consumption-Oriented Transformation with Institutional Opening-Up / 249

IV. Push Forward the In-Depth Integration of China Market with World Market with Institutional Opening-Up / 254

Sample Pages Preview