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capital proposalsSectors and industries that comprehensively expand domestic demand and boost consumption

Policy Orientation and Consumption PotentialWhen planning the economic work in the second half of the year and for some time to come, the the Political Bureau of the Communist Party of China (CPC) Central Committee Conference particularly emphasized the need to boost consumption and expand domestic demand. This policy orientation has brought unprecedented development opportunities to many sectors and industries.Sectors and industries that comprehensively expand domestic demand and boost consumption

Sectors and industries that comprehensively expand domestic demand and boost consumptionSectors and industries that comprehensively expand domestic demand and boost consumptionCultural tourism, old-age care, child-rearing and housekeeping: service consumption has become an important incremental source of household consumption. With the improvement of service quality and the innovation of consumption scenarios, the consumption growth momentum in these areas is strong. It is expected that in the future, with the further support of policies and the continuous release of market demand, the service consumption field will continue to maintain rapid growth.