China's Ministry of Commerce Unveils Service Consumption Policies on July 23

According to Vice Minister of Commerce Yan Dong during a State Council press conference on July 23, China's Ministry of Commerce has released policy documents to foster new growth points in service consumption, including rail-tourism integration, high-quality home services development, and the post-automotive market sector. The ministry will accelerate implementation and further expand support measures across transportation, entertainment, and sports sectors to encourage local initiatives in cultivating new service consumption drivers.
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