CCTV News: On the afternoon of March 17, the State Council Information Office held a press conference, and multiple departments introduced the situation related to boosting consumption. The "Special Action Plan to Boost Consumption" released on the 16th has proposed 30 specific measures from eight aspects. The "Plan" combines promoting consumption and benefiting people's livelihood. So, how can the "big gift package" in people's livelihood truly benefit the people? What will each department do next? We find the answers from the press conference.

How to solve the service problem of "one old and one young"?

Expand consumption scenarios and optimize the service supply of "one elderly and one young"

This "Special Action Plan to Boost Consumption" proposes that in carrying out the action of improving the quality of service consumption and benefiting the people, we must optimize the service supply of "one elderly and one young" and promote the consumption of life services. A relevant person in charge of the National Development and Reform Commission said that it will accelerate the allocation of community service outlets and provide more diverse and more inclusive consumption supply in light of the daily needs of the people. Li Chunlin, deputy director of the National Development and Reform Commission, introduced that we should promote the acceleration of the allocation of community service outlets such as shopping, catering, housekeeping, and maintenance, so that more residents can enjoy convenient services "at the doorstep" and "under the building".

In addition, a relevant person in charge of the National Development and Reform Commission also expressed that it would support local governments to pilot the installation of elevators and develop elderly meal assistance services in multi-story buildings; strengthen care services for completely disabled elderly people; encourage the development of community embedded childcare, employer care and childcare services; support and standardize social forces to develop elderly care services and improve the price formation mechanism for elderly care services. A relevant person in charge of the Ministry of Finance said that research on the parenting subsidy system is being actively carried out.

Fu Jinling, Director of the Economic Development Department of the Ministry of Finance, said that by increasing the standards for some students' aid, expanding policy coverage, continuing to implement the national interest-free and principal repayment policies, and gradually implementing free preschool education, etc., to reduce the pressure on students' parents' education expenditure.

In addition, in terms of employment, the central government will allocate 66.74 billion yuan of employment subsidies to support local governments in implementing employment and entrepreneurship support policies and support improving residents' consumption capacity.

How to increase the old-for-new policy and improve the quality of people's consumption?

Improve consumer quality, and provide old-for-new subsidies to consumers directly

The "Special Action Plan to Boost Consumption" clearly proposes that in carrying out bulk consumption renewal and upgrade actions, we must increase support for consumer goods for old-for-new. In 2025, the state allocated 300 billion yuan of ultra-long-term special treasury bond funds to support the expansion of consumer goods with old trade-in, and the amount of funds increased by 100 million yuan compared with last year. The first batch of 81 billion yuan was allocated to local governments in early January. In the next step, many departments will support local governments to increase efforts to implement the implementation of the old-for-new consumer goods, and promote the green and intelligent upgrade of bulk durable consumer goods such as automobiles, home appliances, and home decoration. Li Gang, Director of the Market Operation and Consumption Promotion Department of the Ministry of Commerce, said that the Ministry of Commerce guides local governments to further simplify processes, increase the speed of allocation, and make subsidy funds more efficient and convenient to reach consumers directly. At the same time, we will deepen the construction of a recycling system for recycling and utilization of waste products, and improve the ability and level of resource recycling and utilization.

How to create a safe consumption environment?

Improve the consumption environment and carry out special rectification actions

The "Special Action Plan to Boost Consumption" proposes to carry out improvement and improvement actions to create a safe consumption environment. A relevant person in charge of the State Administration for Market Regulation said that it will strictly carry out supervision and law enforcement, and carry out special rectification actions to strengthen supervision of defective product recalls in response to the market "stubborn problems" such as illegal addition of food, counterfeit and shoddy food, price fraud, and false propaganda that the public has strongly reflected.

Multiple departments form a joint force to launch a "combination punch" of consumption policies

This "Special Action Plan to Boost Consumption" further emphasizes the improvement of various support policies such as investment, finance, credit, and statistics. Multiple departments have formed a joint force to launch a "combination punch" of consumption policies.

Service consumption is closely related to people's lives. A relevant person in charge of the Ministry of Commerce said that it will accelerate the improvement of the service consumption policy system, and at the same time formulate and revise a batch of national standards and industry standards in the fields of catering, accommodation, elderly care, housekeeping, culture and entertainment, and improve the standardization level of service industry.

The Ministry of Human Resources and Social Security will implement employment support plans for key areas, key industries, urban and rural grassroots and small and medium-sized enterprises.

The People's Bank of China will work with financial supervision and other departments to study and issue special documents to support the expansion of consumption to actively meet the diversified funding needs of various entities. Increase financial support for business entities in key consumption areas such as culture, tourism, elderly care, and sports; strengthen professional financial services such as consumer infrastructure and commerce circulation systems; guide financial institutions to launch targeted financial products around new consumption scenarios; increase the issuance of automobile loans and consumer loans.