瞭望 | 化服务消费潜力为强劲动力

Core Viewpoint - The expansion of service consumption is essential for driving economic growth and improving people's livelihoods, emphasizing the need for a balanced approach that integrates current and long-term goals, as well as supply and demand considerations [1][10]. Group 1: Importance of Service Consumption - Service consumption connects the economy and people's livelihoods, covering various sectors such as dining, accommodation, and healthcare, and is crucial for enhancing living standards and optimizing consumption structure [2][3]. - As China's GDP per capita exceeds $13,000, service consumption is rapidly growing, with a significant increase in residents' willingness to spend on services that meet their spiritual needs [2][7]. - In Q1 2024, service consumption accounted for 43.4% of total household consumption, reflecting its growing importance and potential [2][7]. Group 2: Economic and Employment Impact - Service consumption promotes economic quality improvement and supports multiple industries, creating a virtuous cycle of demand and supply [3][4]. - The service sector is the largest employment reservoir, with 48.1% of jobs in 2023, significantly higher than primary and secondary industries, thus broadening employment opportunities [4][9]. Group 3: Policy and Market Expansion - The National Development and Reform Commission has implemented policies to stimulate service consumption, focusing on innovation and digital transformation to meet consumer needs [6][10]. - By 2024, the service consumption market is projected to grow significantly, with per capita service spending increasing from 5,246 yuan in 2013 to 13,000 yuan in 2024, marking a 148% growth [7][8]. Group 4: Future Trends and Challenges - The demand for high-quality, diverse services in education, healthcare, and cultural tourism is rapidly increasing, with significant potential in sectors like elderly care and home services [8][9]. - Despite the positive trends, challenges such as insufficient quality service supply and a less favorable consumption environment remain, necessitating further efforts to enhance service quality and market openness [10][12].