Published 20:49 IST, August 3rd 2024

China issues guidelines to promote consumption of services

China's state council on Saturday issued guidelines to promote consumption of services such as catering, housekeeping and nursery services for the aged and toddlers.

Reported by: Thomson Reuters
Follow: Google News Icon
  • share
China economy | Image: Freepik
Advertisement

China consumption:  China's state council on Saturday issued guidelines to promote consumption of services such as catering, housekeeping, and nursery services for aged and toddlers.

Culture and entertainment such as movies and sports events are among sectors to be encouraged by government as it seeks to stimulate consumption, according to a government statement.

Advertisement

China will also strengn market regulation and improve standards for service products, it ded. 

guidelines focus on several areas to stimulate consumption, including catering services, housekeeping, and nursery services for both elderly and toddlers. To rejuvenate food and beverage industry, government plans to promote dining out and support new restaurant ventures, dressing sector's recent economic challenges. Enhancements in housekeeping services will aim to improve both quality and accessibility, reby boosting consumer spending. ditionally, guidelines emphasize expanding and improving nursery services, including daycare and early childhood education for young children, as well as elderly care facilities, to meet increasing demand for quality care.

Advertisement

20:49 IST, August 3rd 2024