China issues work plan to foster new growth drivers in service consumption

BEIJING - China has released a work plan to accelerate the cultivation of new growth drivers in service consumption, as part of broader efforts to support the country's high-quality development.

The plan, published by the General Office of the State Council, aims to further improve and expand the supply of services, improve the quality of service consumption, and better deliver benefits to the public.

Targeting key sectors such as transportation services, domestic services, online audiovisual services, sojourn tourism services, automotive aftermarket and inbound consumption, the plan calls for measures to boost growth by improving service supply, advancing pilot programs, fostering innovative consumption scenarios and strengthening talent development.

For potential sectors including performance services, sports event services, and emotion and experience-oriented services, measures will be taken to cultivate new momentum by refining incentive mechanisms, enhancing safety management, fostering high-quality brands, and building supporting platforms, per the plan.

It also underscores the need to strengthen policy support by improving standards systems, enhancing credit development, and increasing fiscal and financial support to provide solid safeguards for cultivating new growth points in service consumption.

Local governments and relevant departments have been urged to strengthen policy design, innovate support measures, improve the environment for service consumption, and formulate targeted support policies in light of local conditions.