China issues national work plan to boost services consumption and domestic demand
China issued a work plan to boost services consumption by focusing on tourism and sports. The plan seeks to shore up domestic demand through fiscal support.
Insights:
The central government of China
CNhas officially issued a national work plan to boost services consumption, aiming to shore up overall domestic demand across the country. The policy directive instructs government departments and local authorities to prioritize specific sectors, explicitly highlighting the importance of sports events and the tourism industry.



