Xi Jinping Urges Demand-Driven Growth in Service Sector
President Xi Jinping called for a demand-driven approach and technological reform to develop the service industry. He aims to boost specialization and brands.
President Xi Jinping of China has called for a demand-driven strategy to accelerate the growth of the services industry, according to a report from the Xinhua news agency on Wednesday. The directive emphasizes the need for structural reform and technological empowerment to modernize the sector.
During a two-day national conference in Beijing that began on Tuesday, Xi urged for the cultivation of more domestic service brands. He specifically highlighted the importance of advancing production-oriented services toward greater specialization and higher positions within the global value chain.
