China will work to further develop consumer services to support high-quality economic development, according to a press conference held in Beijing on Friday, where officials briefed on a recently-released guideline.
During the briefing, Tang Wenhong, assistant minister of commerce, said the guideline, which was made public on Aug 3, set out 20 key tasks in six aspects including tapping the potential of basic consumption, stimulating the vitality of improved consumption, cultivating and expanding new consumption, enhancing the momentum of service consumption, optimizing the service consumption environment, and strengthening policy guarantees.
"Practical measures are proposed in areas closely related to people's life, such as catering and accommodation, domestic services, elderly care and childcare, entertainment and tourism, education and sports, residential services, and health services," he said.
"(The guideline) highlights green, digital and health (service) consumption, and calls for efforts to accelerate the cultivation of new growth points in service consumption. At the same time, the guideline also proposes supporting measures such as strengthening fiscal and taxation support, consolidating talent cultivation, and improving statistical monitoring to better meet people's growing needs for a better life," Tang continued.
China moves to advance high-quality development of service consumption
China moves to advance high-quality development of service consumption
Multiple Chinese chambers of commerce on Saturday voiced their firm opposition to the unilateral imposition of "reciprocal tariffs" by the United States.
They also expressed strong support for the Chinese government in taking all necessary countermeasures, according to statements from the chambers of commerce for import and export in various sectors, including those related to textiles, foodstuffs, machinery and electronics, light industrial goods, medicines and health products, as well as metals, minerals and chemicals.
Following the U.S. move to slap "reciprocal tariffs" on all its trading partners, China announced that it will impose an additional 34-percent tariff on all products imported from the United States starting from April 10.
Other measures against U.S. tariffs included the implementation of rare earth export controls starting April 4, the addition of 11 U.S. companies to the unreliable entity list, 16 U.S. companies being placed on the export control list, and the suspension of six U.S. firms from exporting food and agricultural products to China.
In its statement, the China Chamber of Commerce for Import and Export of Textiles called on the United States to listen to the voices of the global industry and consumers, correct its harmful and self-destructive actions as soon as possible, and return to the right course.
The China Chamber of Commerce of Import and Export of Foodstuffs, Native Produce and Animal By-Products firmly opposed the U.S. trade protectionism and called on enterprises to unite, strengthen cooperation, and jointly explore domestic and international markets.
The China Chamber of Commerce for Import and Export of Machinery and Electronic Products condemned the U.S. unilateral trade protectionism, noting the move not only seriously violates international trade rules, but also seriously disrupts the global economic and trade order. It urged its members and non-members to to remain united in adhering to an open, win-win internationalization strategy. It emphasized the importance of actively adjusting foreign trade strategies, exploring diversified markets, and accelerating the transformation and upgrading of foreign trade.
The China Chamber of Commerce for Import and Export of Light Industrial Products and Arts-Crafts stated that U.S. actions seriously violate WTO rules and will have a significant negative impact on global economic development and supply chain stability. It also appealed to the global industry, industry enterprises from various countries, and upstream and downstream partners to join forces in opposing the U.S. trade bullying practices.
The China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters urged the U.S. government to immediately revoke its unilateral tariff measures.
Highlighting that the health rights of people worldwide should not be undermined by unfair trade measures, the China Chamber of Commerce for Import and Export of Medicines and Health Products strongly opposed the unilateral trade bullying actions taken by the United States.
Multiple Chinese chambers of commerce resolutely oppose US "reciprocal tariffs"
