Core Insights - The Chinese government is accelerating the cultivation of new growth points in service consumption through a comprehensive policy framework, aiming to enhance the service sector's contribution to economic growth [2][3] Group 1: Policy Framework - The Ministry of Commerce will establish a "1+N" policy system to support service consumption, focusing on specific sectors such as home services, automotive aftermarket, and inbound consumption [2] - The "Work Plan" will guide the development of over ten specific support policies across various service sectors, aiming to eliminate unreasonable restrictions and optimize the regulatory environment [2][3] Group 2: Growth Projections - From 2020 to 2025, China's per capita service consumption expenditure is projected to grow at an annual rate of 8.5%, with the share of service consumption in total per capita consumption expected to rise by 3.5 percentage points, reaching 46.1% by 2025 [3] Group 3: Specific Initiatives - The Ministry of Commerce plans to implement over 60 specific measures to enhance service quality and meet consumer demands in areas such as cultural entertainment, tourism, and sports events [4] - Policies will be developed to promote travel service exports and expand inbound consumption, with a target of 82.035 million inbound travelers by 2025, reflecting a 26.4% year-on-year increase [5] Group 4: Transportation Services - The Ministry of Transport aims to cultivate new growth points in transportation services, including self-driving tours, night cruise economies, and yacht consumption [6] - Measures are being developed to enhance the quality of night cruise services and expand yacht consumption, promoting a shift towards mass-market and large-scale development [6] Group 5: Automotive Aftermarket - The automotive aftermarket in China, with a vehicle ownership of 366 million, presents significant growth potential, focusing on areas such as vehicle modification, rental services, and motorsport events [7] - The Ministry of Commerce will implement strategies to expand and improve automotive aftermarket services, including establishing standards for vehicle modifications and enhancing rental service networks [7]
加快培育服务消费新增长点多部委将推出利好政策
Shang Hai Zheng Quan Bao·2026-02-06 18:36