Guo Lanfeng: "The phenomenon of 'Pang Donglai' reflects the residents' demands for optimizing the consumption environment."

On June 25, Guo Lanfeng, President of the China Economic System Reform Research Association, stated at the 2026 Summer Davos Forum that expanding consumption needs to optimize the consumption environment. "Why is there the phenomenon of 'Pangdngli'? I think it is because the prices of their shopping malls are relatively reasonable and the product quality is guaranteed," Guo Lanfeng said. "The phenomenon of 'Pangdngli' to some extent reflects the residents' demand for optimizing the consumption environment."