China moves to advance high-quality development of service consumption


  • World
  • Sunday, 04 Aug 2024

BEIJING, Aug. 3 (Xinhua) -- China will work to further develop consumer services to support high-quality economic development and meet people's demand for personalized, diversified and quality services, according to a guideline made public Saturday.

The guideline, issued by the State Council, set out 20 key tasks, including tapping the potential of consumption in sectors such as hospitality, domestic services, elderly care, childcare, entertainment, tourism, sports, education and training.

It also pledged to foster new types of consumption like digital, green and health services, create new consumption scenarios, relax market access, strengthen regulation and provide more policy support for service consumption.

China will continue to open up sectors such as telecommunications, education, elderly care and medical care, and ensure the implementation of opening-up measures in areas like technology services and tourism, according to the document.

The country will also optimize entry policies and consumption environments, speed up the resumption of flights, provide diversified payment services, and study the possibility of granting visa-free entry to more countries, it said.

China will expand domestic demand with a focus on boosting consumption, and service consumption will be a major driver in the expansion and upgrading of consumption, according to a key meeting that set priorities for the second half of 2024 on Tuesday.

In the first six months of this year, China's retail sales of services increased 7.5 percent from a year ago, 4.3 percentage points higher than that of goods, official data showed.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

French woman faces cyberbullying after falling for fake Brad Pitt
TikTok calls report of possible sale to Elon Musk’s X ‘pure fiction’
Explainer-What you need to know about the arrest of South Korea's Yoon
ChatGPT will soon be able to�remind you to walk the dog
South Korea's Yoon: Embittered survivor becomes first sitting president arrested
Apple wants to keep diversity programmes disavowed by other US firms
Impeached S Korean president Yoon detained for questioning over martial law
Powerfoyle technology can keep small electronic devices running forever
Specially equipped drones for complex, high-risk missions
UN Libya mission alarmed by reported torture footage in detention facility

Others Also Read