National Development and Reform Commission: Support the orderly flow of private capital to high-value service industries.

This afternoon, the National Development and Reform Commission held a press conference, where officials introduced that during the "14th Five-Year Plan" period, China's productive service industry has vast development potential. It will support private capital to flow in an orderly manner towards high-value service industries. Officials from the National Development and Reform Commission mentioned that private enterprises are close to the market, flexible in mechanism, and naturally compatible with the strong professionalism, high integration, and active innovation characteristics of the productive service industry. Next, it will support private capital to flow in an orderly manner towards high-value service industries, focusing on key areas such as industrial design, common technology services, inspection and testing, and quality certification. It will support private enterprises in continuously exploring the path model of service-orientation in manufacturing, and promote the extension of the productive service industry towards specialization and high-end value chain.