For a long time, China has become a world-renowned "world factory" with a complete industrial system and efficient supply chain. The manufacturing industry has laid a solid foundation for economic growth and improvement of people's livelihood. With the upgrading of the development stage, the model of relying solely on external demand and scale expansion is facing bottlenecks, and promoting the transformation of the economy to domestic demand-led and consumption-driven has become an inevitable choice for high-quality development. This shift is not to weaken manufacturing, but to empower manufacturing and consumption to achieve a higher level of dynamic balance between supply and demand.

Consumption upgrading is the core driving force of transformation, and residents' demand is shifting from "whether or not" to "whether or not". Green smart home appliances, new energy vehicles, health care, travel and leisure, etc. have become consumption hotspots, the proportion of service consumption continues to increase, online and offline integration of new business forms continue to emerge. By optimizing the income structure, improving the social security system, and protecting the rights and interests of consumers, the state allows the masses to "consume, dare to consume, and be willing to consume", and the super-large-scale market potential continues to be released.

Policy synergy provides solid support for consumption expansion and quality improvement. In recent years, my country has continued to implement the strategy of expanding domestic demand, introducing measures such as equipment renewal and consumer goods trade-in, focusing on supporting bulk consumption such as automobiles, home appliances, and digital smart products, and guiding the popularization of green, low-carbon, smart and efficient products. At the same time, speed up the construction of international consumption center cities, create a unified, open, fair and orderly market environment, break down consumption barriers, and smooth the domestic cycle.

Manufacturing and consumption go in both directions, giving birth to new quality productivity. Consumption upgrading has forced the manufacturing industry to transform to high-end, intelligent and green. Enterprises pay more attention to R & D, design, brand and service, and shift from "OEM production" to "value creation". The strong domestic consumer market provides application scenarios and financial support for technological innovation, promotes the industrial chain to complement the chain, enhances the resilience of the supply chain, and makes Chinese manufacturing more in line with domestic demand and more internationally competitive.

Moving from a big manufacturing country to a big consumer country is not only the need of China's own economic development, but also brings new opportunities to the world. China's large market continues to open up, providing broad space for goods, technology and services from all countries, and promoting the steady growth of global trade and investment. This transformation will enhance the autonomy and stability of China's economic development, promote the formation of a new development pattern in which domestic and international double cycles promote each other, and inject lasting impetus into the global economic recovery.