Chinese authorities have announced comprehensive measures to revitalize service industry consumption during a high-level press conference in Beijing. The State Council Information Office (SCIO) hosted Vice Minister of Commerce Sheng Qiuping alongside officials from key economic and cultural departments to outline strategies for stimulating growth in tourism, finance, and consumer services.
The initiative aims to address post-pandemic economic recovery through targeted support for domestic tourism infrastructure upgrades and streamlined digital payment systems for international visitors. Financial regulators revealed plans to expand consumer credit accessibility while maintaining risk control measures.
Cultural tourism representatives emphasized developing niche offerings like heritage tourism routes and regional culinary experiences. Cross-departmental collaboration was highlighted as crucial for implementing the policies, which align with China's broader dual circulation economic strategy focusing on domestic demand and international engagement.
Reference(s):
cgtn.com