Service Consumption Fuels China’s Economic Growth Amid Shifting Demand
China’s service consumption grows 5.2% in 2023, driving economic transformation through cultural, tourism, and tech sectors as consumer priorities evolve.
ServiceSector
Read More
China’s Consumer Market Soars: Green Tech and Services Lead Growth
China’s consumer market hits $6.78 trillion in 2024, driven by green tech and service spending, reshaping Asia’s economic landscape.
China Urges Global Service Trade Liberalization at Beijing Summit
Chinese Vice Premier proposes international service trade reforms at Beijing summit, emphasizing digital innovation and reduced barriers to boost global economic recovery.
China Unveils New Interest Subsidy Policies to Boost Consumer Spending and Business Growth
China introduces interest subsidy policies to stimulate consumer spending and support service sector businesses, aiming to boost economic recovery and job creation.
China Pivots to Services-Led Growth Amid Global Trade Shifts
China’s new economic blueprint emphasizes domestic services and innovation to counter global trade challenges, signaling a shift from export dependency.
China Unveils Plan to Boost Domestic Service Sector, Drive Rural Revitalization
China’s new plan aims to expand the domestic service sector, targeting rural revitalization and employment growth, with over 30 million professionals already in the industry.
China Expands Service Sector Openings to 9 New Cities
China expands service sector reforms to nine cities, aiming to boost innovation and global economic ties through streamlined regulations and investment incentives.
China Unveils Service Sector Expansion Plan to Boost Global Ties
China announces sweeping service sector reforms to spur innovation and global economic integration, involving key ministries and new investment incentives.
China’s Consumer Market Surges as Policy Reforms Ignite Spending Boom
China’s consumer market shows robust growth driven by policy reforms, rising demand, service upgrades, and rural spending. Insights for global investors and analysts.
Service Consumption Key to China’s Economic Growth, Experts Say
China’s service consumption poised for growth with focus on healthcare, tourism, and mid-to-high-end services as per capita GDP rises, say economists.
China Unveils New Economic Stimulus to Boost Consumption, Drive Services Growth
China launches 300B yuan stimulus package to boost consumer spending and expand service sector access, signaling new phase in economic strategy.