
China Unveils Measures to Expand Service Consumption
Chinaโs SCIO briefs media on new measures to boost service consumption across digital, cultural and financial sectors, aiming to drive growth and innovation.
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Chinaโs SCIO briefs media on new measures to boost service consumption across digital, cultural and financial sectors, aiming to drive growth and innovation.
Service consumption has become a major driver of China’s economic growth in 2024, contributing over 50% to GDP and fueling retail sales and higher quality consumer demand.
China is set to accelerate the development of consumer services to drive high-quality economic growth, focusing on sectors like hospitality, healthcare, and digital services.