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Xi Jinping backs services sector to power China’s next growth phase | Collector
Xi Jinping backs services sector to power China’s next growth phase
South China Morning Post

Xi Jinping backs services sector to power China’s next growth phase

President Xi Jinping has signalled a renewed focus on China’s services sector, calling for a demand- and tech-led strategy to reshape growth and create jobs, as policymakers met to chart the path forward. “The focus must be on demand-driven development and reforms as well as empowerment by technologies,” Xi said in a message to a two-day conference on the sector that concluded on Wednesday, according to state-run news agency Xinhua. Highlighting the role of services in tackling some of China’s...

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