China Unveils Service Consumption Boost to Fuel Economic Growth
China launches a comprehensive policy package to stimulate service consumption, targeting key sectors and emerging markets to drive economic growth in 2026.
Service Sector
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China’s Service Sector Plays Key Role in Global Economic Growth
China’s robust service sector is making significant contributions to the global economy, according to Wang Shichuan, deputy director of China’s National Center of Standards Evaluation.
China Unveils Plan to Propel High-Quality Service Consumption
China unveils a comprehensive plan to boost high-quality development of its service sector, aiming to meet growing consumer demand and stimulate economic growth.
China’s Spring Festival Sparks Surge in Consumer Spending
China experienced a significant surge in consumer spending during the Spring Festival holiday, marking a strong start to 2024, with increases in retail sales and booming service sectors.