Core Insights - The Chinese Ministry of Commerce plans to introduce several policies to expand service consumption, with a focus on enhancing service supply and stimulating consumer demand [1][2] Group 1: Service Consumption Growth - From January to July this year, China's service retail sales increased by 5.2% year-on-year, indicating a shift towards a balanced consumption pattern between goods and services [1] - The Ministry aims to implement a consumption boost action plan to enhance service consumption-related efforts [1] Group 2: Policy Implementation - The Ministry will ensure effective implementation of relevant policies to convert their potential into actual results for expanding service consumption [1] - New policies to expand service consumption will be introduced next month, utilizing fiscal and financial measures to optimize service supply capabilities [1] Group 3: Focus on Quality Service Supply - A key issue in current service consumption is the insufficient supply of high-quality services [1] - The Ministry plans to increase high-quality service supply through both external and internal openings, including expanding pilot programs in telecommunications, healthcare, and education [1] Group 4: Innovation in Consumption Scenarios - The Ministry will support the development of new consumption formats, models, and scenarios, promoting the integration of commerce, tourism, culture, and sports [2] - Initiatives such as "Service Consumption Season" and "National Cultural and Tourism Consumption Promotion Activities" will be launched to stimulate new consumption hotspots [2]
中国商务部:将出台扩大服务消费若干政策举措
Zhong Guo Xin Wen Wang·2025-08-27 09:06