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China moves to advance high-quality development of service consumption

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      China

      China

      China moves to advance high-quality development of service consumption

      2024-08-09 16:50 Last Updated At:08-10 00:37

      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

      China moves to advance high-quality development of service consumption

      China moves to advance high-quality development of service consumption

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      China voices firm opposition to Japan's semiconductor export controls

      2025-04-03 19:47 Last Updated At:20:07

      China firmly opposes Japan's export controls on semiconductor-related items, and will take necessary measures to safeguard its legitimate rights and interests, a Commerce Ministry spokesperson said on Thursday.

      The statement came following the Japanese government's announcement of export controls on more than 10 semiconductor-related items.

      The semiconductor industry is highly globalized. For some time, certain countries have generalized the concept of national security and abused export control measures to suppress China's semiconductor and other industries, which seriously threatened the stability of the global semiconductor industrial and supply chains. China is firmly opposed to this, the spokesperson said.

      ​As the two countries are highly complementary and closely integrated in the semiconductor field, Japan's export control measures will severely disrupt regular business exchanges and undermine the interests of enterprises in both countries, said the spokesperson.

      China hopes Japan will make rational decisions and correct its wrongdoings to protect the rights and interests of enterprises from all countries and keep the global semiconductor industrial and supply chains stable, said the spokesperson.

      The spokesperson emphasized that China will take necessary measures to resolutely safeguard its legitimate rights and interests.

      China voices firm opposition to Japan's semiconductor export controls

      China voices firm opposition to Japan's semiconductor export controls

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