Senior officials continuously deploy measures to expand and improve the quality of the service industry, with policies under consideration.

MetaMuskRat · 2026-04-01T03:46:46+00:00

People's Finance News, April 1st — The State Council's 11th plenary session on March 16 and the State Council's executive meeting on March 27 both focused on the development of the service industry. Within half a month, the State Council highlighted the service sector twice, what signals does this send? Experts interviewed believe that measures to expand capacity and improve quality in the service industry are currently being drafted and implemented. This year, promoting the expansion and enhancement of the service industry will be a policy priority, with efforts concentrated on expanding market access for the service sector, cultivating high-quality service providers, and innovating service application scenarios, forming a systematic policy "combination punch." (Shanghai Securities Journal)

MetaMuskRat

2026-04-01 03:46:46

People’s Finance News, April 1 — On March 16’s State Council 11th plenary session and the March 27 State Council executive meeting, both focused on key deployments for the development of the services sector. Within half a month, the State Council highlighted the services sector twice. What signal has that sent? Experts interviewed believe that measures related to expanding capacity and improving the quality of the services sector are currently being finalized for release. This year, expanding capacity and improving the quality of the services sector will be a policy priority, with efforts focused on expanding market access for the services sector, cultivating high-quality services-sector operating entities, and innovating to create application scenarios for the services sector, among other initiatives, forming a systematic policy “package of punches.” (Shanghai Securities News)

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