Core Viewpoint - The article emphasizes that South Korea's experience in expanding service consumption over the past three decades provides valuable lessons for China, particularly in enhancing domestic demand and service sector growth [2][14]. Demand Side Summary - The South Korean government has established a social security safety net and gradually reduced standard working hours, which has positively influenced service consumption [8][14]. - The labor distribution rate in South Korea decreased in the late 1990s, leading to reforms that expanded social welfare coverage, thereby reducing the household precautionary savings motive and promoting service consumption [8]. - The introduction of a five-day workweek has increased leisure spending, although the prevalence of overtime work may limit the effectiveness of this policy on service consumption [8][11]. Supply Side Summary - South Korea's "Cultural Nation" strategy initiated in 1998 has significantly boosted the domestic cultural industry and global "Korean Wave," enhancing service consumption demand [12]. - Systematic improvements in the business environment for the service industry have been made since the early 2000s, focusing on market-oriented reforms in taxation, finance, and corporate burdens, which have supported sustained growth in service consumption [12]. Recommendations for China - China should enhance its social security system to support consumer confidence and convert savings into service consumption growth [14]. - It is essential to implement labor rights for rest and encourage consumer participation to prevent excessive overtime from encroaching on leisure time [14]. - Increasing the share of resident income in national income distribution and labor remuneration in primary distribution is crucial for stabilizing income expectations and promoting a healthy household financial cycle [14]. - On the supply side, China needs to accelerate the expansion and quality improvement of the service sector and develop distinctive local industries to foster new growth points in service consumption [14].

Core Insights - The Beijing Municipal Market Supervision Administration announced the launch of the 2025 Capital Standardization Strategy Subsidy Fund, with a total of 22.75 million yuan allocated to 71 benchmark projects across 60 units in the city [1] Group 1: International Standardization - Four projects participating in international standard organizations received 2.1 million yuan, enhancing China's competitiveness in the intelligent shipping industry and promoting the internationalization of cultural heritage protection standards [2] - Four overseas demonstration application projects focused on hydrogen energy and digital television, aiding the implementation of Chinese standards in Europe, the United States, and Belt and Road Initiative countries like Pakistan and Russia [2] Group 2: Results Transformation - The local standard "Community Resilience Evaluation Guidelines" has been successfully transformed into a national standard project, providing a unified evaluation basis for community safety resilience construction across the country [2] Group 3: Pilot Projects - Twelve pilot projects covering service industries, cultural tourism, social management, and public services will establish replicable and promotable industry development benchmarks through standardized production and operation models [2] Group 4: Industry Empowerment - Fifty subsidized standard projects are concentrated in high-tech industries, resource-saving sectors, and service industries, laying a solid standard foundation for the construction of an international science and technology innovation center and the optimization of industrial upgrades [2]