Fosun Group Chairman Guo Guangchang stated on weibo that before the National Day holiday, the stock market rose, and the public was more willing to shop, driving gradual increases in all consumer spending. Sales of Sanya Atlantis and Shede baijiu also rapidly increased during the holiday period, demonstrating that the wealth effect brought by rising stocks can indeed stimulate consumer demand.

He also mentioned that the Federal Reserve began to cut interest rates last month, and China's loan interest rates have also decreased. Everyone can save a lot of money, turning it into actual cash available for consumption. The increase in consumer willingness brought by this wealth effect will gradually be reflected in the economy. Under the continuous boost of confidence, the Chinese economy will gradually emerge from the trough and continue to improve.