The Ministry of Commerce held a special press conference on 2020 National Consumption Promotion Month on September 4。Wang Bin, Deputy Director of the Department of Consumption Promotion of the Ministry of Commerce said，The recovery of catering, accommodation and other industries is slower than expected，Some durable consumer goods have dropped significantly，Some areas have suffered deeper declines due to the epidemic，Consumption potential needs to be further released。

Some media asked: What specific measures and policies will be launched during this year’s National Consumption Promotion Month，Let consumers truly enjoy the discounts？

To this，Wang Bin mentioned four aspects，Among them，In improving financial 188bet online sports betting institutions’ support for consumer finance，Introducing preferential policies for small and micro enterprises，China UnionPay、Agricultural Bank of China for individual industrial and commercial households、Small and micro enterprises、Individual merchants and other merchants provide a policy of reducing or exempting purchasing fees；ICBC lowers credit loan interest rates for small and micro enterprises，At the same time, directly issue red envelopes for consumer benefits, etc.。

Other media asked: The new coronavirus epidemic has had a serious impact on my country’s consumer market this year，Social zero is still weak in July。How do you view the current consumer market situation and next trend？

Wang Bin said，The new crown epidemic has indeed had a great impact on my country’s consumer market。The Ministry of Commerce resolutely implements the Party Central Committee、Decision-making and deployment of the State Council，Actively take effective measures，Continue to promote innovative circulation、Promotion of consumption，The consumer market is gradually overcoming the adverse impact of the epidemic，Steady recovery，188bet app download Stabilizing and improving。

Introduced by Wang Bin，The total retail sales nationwide increased by 0 month-on-month in July.85%，Decreased by 1 year-on-year.1%，The year-on-year decline has narrowed by nearly 20 percentage points for five consecutive months。Among them，Product sales turn from negative to positive，YoY growth 0.2%，Achieve positive growth for the first time this year；Among the 18 categories of goods for units above designated size，2/3 of the product categories achieved year-on-year growth。Service consumption accelerates recovery，Online consumption is growing rapidly。There are still some areas that have recovered very well，Shanghai、Fujian、Shandong、Hainan and some other regions achieved positive year-on-year growth in total retail sales。

Wang Bin also mentioned，The recovery of catering, accommodation and other industries is slower than expected，Some durable consumer goods have dropped significantly，Some areas have suffered deeper declines due to the epidemic，Consumption potential needs to be further released。The 2020 National Consumption Promotion Month activities will definitely achieve positive 188bet sports betting app download results，To fully restore business order、Play an important role in consolidating the rebound in consumption。my country’s consumption potential will continue to be released，Consumption upgrade continues to advance，The overall consumer market continues to recover steadily，A new upsurge in consumption growth will be set off in September。

188bet app Original title：《Ministry of Commerce: The recovery of catering and accommodation and other industries is slower than expected and consumption potential needs to be released》.