China targets 100-trillion-yuan services sector by 2030

​China aims to grow its services sector to 100 trillion yuan (US$14.58 trillion) by 2030, officials said Tuesday, following strong expansion during the 14th Five-Year Plan period (2021–2025).

April 29, 2026

China steps up efforts to improve capacity, quality of service sector

​China will deepen reform to remove barriers, harness technology to cultivate new growth drivers, roll out practical measures to boost opening up, and commit fiscal resources to support capacity expansion and quality improvement in the service sector, said Shen Zhulin, deputy head of the National Development and Reform Commission on Tuesday.

April 29, 2026

Support for services sector stepping up

China is stepping up policy support to boost its rapidly expanding services sector, as policymakers seek to foster a more competitive and better-structured ecosystem that will inject fresh momentum into economic growth, officials and executives said.

April 29, 2026