Seeking Truth commentator article: Boosting consumption with greater force

The commentary published by Qiu Shi Network pointed out that consumption is the ultimate demand and plays a fundamental role in economic development. In May of this year, the total retail sales of consumer goods decreased by 0.6% year-on-year, and the cumulative growth rate from January to May fell to 1.4%, attracting widespread attention from all sectors. How to objectively and dialectically view this phenomenon is particularly important for grasping changes in the consumer market and building a strong domestic market. The article stressed that in the current and future period, it is necessary to put more effort into boosting consumption, better coordinate the relationship between benefiting people's livelihoods and promoting consumption, better coordinate the relationship between supply and demand, better coordinate the relationship between the current and the long-term, and focus on multiple measures to continue expanding consumption. It is necessary to strengthen the foundation of residents' consumption, accelerate the formulation and implementation of plans to increase the income of urban and rural residents, expand employment capacity through more proactive employment policies, increase residents' disposable income through improved distribution systems, and alleviate residents' concerns about consumption with a more sound social security system. It is important to accelerate the repair of residents' balance sheets, focus on stabilizing the real estate market, promote healthy and stable development of the capital market, prevent the negative spiral of falling asset prices on consumer confidence, and enhance the consumption expectations and confidence of urban and rural residents. It is necessary to further strengthen supply-demand matching, focus on improving quality and optimizing structure on the commodity side, nurture and develop new consumption growth points in cultural tourism, health, elderly care, childcare, etc., and better meet diversified consumer demands with high-quality supply. It is crucial to optimize consumption policies, continuously improve the financial and taxation, financial, industrial, and other policy systems promoting consumption, remove unreasonable restrictions in the consumption field, enrich consumption scenarios, improve consumption experiences, and better enable consumers to consume, dare to consume, and want to consume.