China.org.cn | September 25, 2024
21st Century Business Herald:
We have noticed that the phenomenon of "money can't buy satisfactory services" still exists. Could you please tell us what key measures will be taken next in terms of relaxing access to the service industry and improving the institutions and mechanisms for its development? Thank you.
Li Fei:
Thank you for your question. I will answer this question. The third plenary session of the 20th Central Committee of the Communist Party of China has made important arrangements for refining the institutions and mechanisms for developing the service sector. The service industry is a crucial part of the national economy, a key support for the modern industrial system and a major player in driving economic growth, providing jobs, expanding investment, promoting consumption and improving people's livelihoods. In recent years, the Ministry of Commerce with relevant departments has continuously improved the policy system for the development of the service sector, and promoted the high-quality development of services in key areas, so as to meet the needs of industrial transformation and upgrading as well as the people's aspiration for a better life.
At present, the overall development of China's service industry shows signs of positive stability with service consumption maintaining rapid growth, investment in key areas expanding at an accelerated pace and service trade growing rapidly. However, challenges still remain, such as unsatisfying supply quality, untapped consumption potential and weak international competitiveness. Moving forward, we will work closely with relevant departments to focus on the following key areas:
In terms of continuously relaxing control over market access in the service sector, the opinions have made directional and targeted arrangements for relaxing market access, proposing to gradually remove access restrictions in service industries that do not involve national security or social stability and where sufficient market competition can enhance supply quality. At the same time, we will continue to ensure greater accessibility for business entities, eliminate unreasonable access restrictions and remove illegally set entry barriers.
In terms of accelerating the establishment of a new system of high-quality and efficient services, we will promote better alignment between supply and demand, foster high-quality development of service consumption, optimize supply, improve quality, enrich consumption scenarios and cultivate new growth points for consumption.
In terms of further promoting the deep integration of advanced manufacturing and modern services, we will focus on key links, propel high-quality development of producer services on a sector-by-sector basis and enhance the specialized, commercial and comprehensive service capabilities that target the manufacturing industry.
In terms of strengthening and refining service brands, we will cultivate producer service brands with international competitiveness, create service brands with high quality, strong innovation momentum and leading roles as well as leverage brand building to drive new growth in the service consumption market, thereby unleashing new consumption potential.
Thank you！