The National Bureau of Statistics Deputy Bureau Director Sheng Laiyun stated that the fourth quarter of the year will see a continuous recovery in the trend of consumer spending. China has a large consumer potential and population, and is currently in a key stage of upgrading its consumption structure. As the economy continues to recover, the overall consumption trend in China will be positive. However, we must also emphasize that cultivating consumer capacity is key. We must continue to promote economic stability and sustained improvement in household income, to ensure that the basic role and scale advantages of consumption can be fully utilized.
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