The State Council recently approved the “Fifteenth Five-Year Plan” to expand consumption, which lays out arrangements to promote the quality of service consumption and benefit the people during the “15th Five-Year Plan” period, proposes to implement actions to improve the quality of service consumption and benefit the people, and carry out service consumption promotion activities around key areas. Consumption of services is linked to economic development on the one hand, and to people's livelihood on the other. Expanding service consumption is conducive to further stimulating consumer demand in the domestic market, giving full play to the advantages of large-scale markets, and is of great significance in promoting high-quality economic development. Next, it is necessary to further focus on new growth points in service consumption, improve the service industry policy support system, continue to launch support measures in areas such as easing market access, cleaning up unreasonable restrictions, and cultivating high-quality brands and business entities, promote the extension of the productive services industry to specialization and the high-end of the value chain, promote the high-quality, diversified and convenient development of the lifestyle service industry, and inject more vitality into the consumer market.

The State Council recently approved the “Fifteenth Five-Year Plan” to expand consumption, which lays out arrangements to promote the quality of service consumption and benefit the people during the “15th Five-Year Plan” period, proposes to implement actions to improve the quality of service consumption and benefit the people, and carry out service consumption promotion activities around key areas. Consumption of services is linked to economic development on the one hand, and to people's livelihood on the other. Expanding service consumption is conducive to further stimulating consumer demand in the domestic market, giving full play to the advantages of large-scale markets, and is of great significance in promoting high-quality economic development. Next, it is necessary to further focus on new growth points in service consumption, improve the service industry policy support system, continue to launch support measures in areas such as easing market access, cleaning up unreasonable restrictions, and cultivating high-quality brands and business entities, promote the extension of the productive services industry to specialization and the high-end of the value chain, promote the high-quality, diversified and convenient development of the lifestyle service industry, and inject more vitality into the consumer market.