Zhu Haibin, Managing Director of JPMorgan, Chief Economist for China, and Head of Economic Research for Greater China, stated that there is now a consensus in various sectors of society on "boosting Consumer spending," with both policy theory and practice being strengthened. "For example, this year's special government bonds include 150 billion aimed at consumers for the 'trade-in' scheme, and in terms of policy implementation, efforts to boost Consumer spending are being further realized. These are all very positive and encouraging changes." He pointed out that, according to market reflections, in the past month or two, hopes for boosting Consumer spending have been gradually adjusted downwards, and the market's attitude is more concerned about the level of stimulus being insufficient. (Source: Ruijian)