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Li Qiang: We must vigorously promote technology consumption and release consumption potential such as artificial intelligence terminal products

① Li Qiang pointed out that boosting consumption is not only an important starting point for expanding domestic demand and stabilizing growth, but also a major measure to transform development methods in the medium and long term.
② Li Qiang emphasized that it is necessary to closely follow the needs of residents to tap consumption potential, promote service consumption, technology consumption, and market segment consumption, increase policy support, accelerate reforms to solve problems, and form a synergy to promote consumption.

Liu Yuanchun, President of Shanghai University of Finance and Economics, gave an explanation. Vice Premiers Ding Xuexiang and He Lifeng of the State Council and State Councilor Chen Yiqin made exchange speeches.

After listening to lectures and exchange speeches, Li Qiang pointed out that internal recyclability and domestic demand are the unique advantages of a large country’s economy. Boosting consumption is not only an important starting point for expanding domestic demand and stabilizing growth, but also a major measure to transform development methods in the medium and long term. We must put consumption in a more prominent position and rely more on boosting consumption to expand domestic demand, smooth the economic cycle, and stimulate economic growth.

Li Qiang pointed out that it is necessary to closely follow the needs of residents and tap my country’s huge consumption potential. It is necessary to vigorously promote service consumption and comprehensively improve the supply level in education, medical care, culture, sports, tourism, elderly care, domestic services and other fields. It is necessary to vigorously promote technology consumption and release consumption potential such as artificial intelligence terminal products. It is necessary to vigorously promote consumption in segmented markets, comply with the trend of diversification and differentiation, develop high-quality products and services, and stimulate new consumer demands.

Li Qiang emphasized that it is necessary to highlight key points and increase policy support, and more policy resources should be used in areas with strong leverage and driving forces, so as to better leverage market forces to boost consumption. It is necessary to identify the key points, speed up reform and solve problems, relax market access for relevant industries, and increase high-quality consumption and supply. Supporting policies and reform measures must be coordinated to form a synergy to promote consumption.

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