Traditional Culture Encyclopedia - Traditional stories - How does the government promote consumption and expand domestic demand?

How does the government promote consumption and expand domestic demand?

1. preferential tax relief: the government can take measures to reduce personal income tax, value-added tax and other taxes, reduce the burden on residents, increase disposable income and promote residents' consumption.

2. Subsidy policy: The government can support the consumption of specific consumer goods and promote the development of the consumer market by purchasing subsidies and coupons.

3. Reform the service industry: The government can intensify the reform of the service industry, improve the level and quality of the service industry, increase employment opportunities and income in the service industry, and attract residents' consumption.

4. Support small and micro enterprises: The government can support the development of small and micro enterprises, increase employment opportunities and increase residents' income through tax reduction and fee reduction and credit support.

5. Promote the upgrading of consumption structure: The government can guide the upgrading of residents' consumption structure and promote the transformation of consumption patterns and concepts by supporting emerging consumer goods and green consumption.

6. Strengthen publicity and education: The government can strengthen publicity and education through various channels, improve residents' awareness and understanding of consumption, encourage residents to establish the concept of rational consumption, and promote the healthy development of the consumer market.