The State Council Information Office held a press conference on the national economic running situation in November 2024. Fu Linghui, spokesperson for the National Bureau of Statistics and head of the Comprehensive Statistics Division of National Economy, stated at the meeting that since October, major economic indicators have clearly rebounded, new momentum continues to grow, high-quality development is being steadily advanced, and economic operations are showing positive changes. The effects of the trade-in policy for consumer goods continue to be evident, with sales in sectors like home appliances, furniture, and autos maintaining rapid growth. In November, the retail sales of household appliances and audio-visual equipment, furniture, and auto products above the designated size increased by 22.2%, 10.5%, and 6.6% respectively, significantly driving the growth of total retail sales of social consumer goods, becoming an important driving force for consumption growth. (China Net)