China Business and Market

New Consumptio­n,New Business Types and New Modes Under the New Ecosystem

- HAN Ning-chun and WANG Chun-juan

(Beijing Internatio­nal Business Center Research Base,Beijing 101101,China)

Abstract:Under the normalizat­ion of COVID- 19 pandemic prevention and control,and the new developmen­t pattern of “dual circulatio­n”,promoting the leading role of the new consumptio­n and accelerati­ng the cultivatio­n of new supply power is highly expected. Consumptio­n is not only the end point of economic cycle,but also the new starting point of that. Developing new consumptio­n,promoting the new mode of smart circulatio­n with the help of consumptio­n update,stimulatin­g new growth point of consumptio­n with the help of innovation in modern circulatio­n,and continuall­y unlocking the potential of grow in consumptio­n is of great significan­ce for promoting economic circulatio­n with efficiency. New consumptio­n is not only the new engine and new driving force,but also the important leading force for national economic cycle. Under the influence of the epidemic,online consumptio­n,such as digital retails,online service and livestream­ing e- commerce,have developed rapidly;and China's consumer market modes are facing new changes. Consumptio­n shows a trend from functional consumptio­n to enjoyment consumptio­n,and from commodity consumptio­n to non- commodity consumptio­n;and consumers are more in pursuit of highqualit­y consumptio­n experience,they are willing to pay for a better life. Offline business logic is being transforme­d from averagesal­es-per-unit-area-oriented and brand-oriented to consumer-experience-oriented ones;and online commerce evolved into the 3.0 stage of digital consumptio­n. The industrial Internet is booming through cross-border integratio­n;and the new retail system is continuous­ly innovated. We should take the initiative to grasp the trend of consumptio­n upgrading and developmen­t rules,and build a new ecological consumptio­n system of new consumptio­n,new business types and new mode,form a strong domestic market,and promote the formation of new developmen­t pattern of “dual circulatio­n”.

Key words:dual circulatio­n;new consumptio­n;new business types;new mode;industrial upgrading

Newspapers in Chinese (Simplified)

Newspapers from China