Coordinate supply and demand, accelerate the release of service consumption potential.
According to data from the National Bureau of Statistics, in the first half of this year, China's service retail sales increased by 5.3% year-on-year, which is 4.2 percentage points faster than commodity retail sales. By 2025, the per capita service consumption expenditure of residents in the country will be 13602 yuan, accounting for 46.1% of per capita consumption expenditure, an increase of 3.5 percentage points from 2020. From catering, accommodation to elderly care, childcare, from entertainment, tourism to education, household services, service consumption is gradually supporting a significant portion of residents' consumption, reflecting the profound transformation of China's consumption structure, and confirming that the Chinese economy, with a super large market scale, is moving towards high-quality development with solid support.
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