Economy: Services sector to be expanded to ¥100 trillion

China wants to boost and expand its services sector through a series of new measures. The sector is to play a bigger role in supporting industrial modernization. “China services” brands are also to be promoted.

NW
22. April 2026
Supermarket shoppers: China’s five-year plan aims to significantly increase the share of consumption in the economy. (Imago)

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Last updated: 22. April 2026