On February 14th, Jinshi data reported that the Shanghai Municipal Government Information Office held a press conference to introduce the key activities for expanding consumption in Shanghai by 2025. Liu Min, Deputy Director of the Shanghai Municipal Commission of Commerce, introduced that the work of expanding consumption in 2025 will adhere to the dual-drive of 'policy + activities', focusing on supply-side innovation, incentives for consumer side, and optimization of consumer environment. Leveraging the advantages of Shanghai as an international consumer center city with a large market scale, rich consumer scenarios, and concentration of high-end elements, the government will combine guidance with market mobilization to further enhance the precision and effectiveness of policies and measures for expanding consumption, actively promote service consumption, bulk consumption, inbound consumption, and new consumption, vigorously develop the first-sale economy, silver-hair economy, night economy, and ticket economy, and form a high-level pattern of expanding consumption in which demand drives supply and supply creates demand. The work of expanding consumption in 2025 will focus on six major special actions. The first is the action of replacing consumer goods. The second is the action of improving service consumption quality. The third is the new consumption
