China is gearing up to expand policy support for its service industry as it drafts the 15th Five-Year Plan (20262030). The move highlights the service sector as a key growth engine and a barometer of modernization. 🚀
On Tuesday, November 11, 2025, the National Development and Reform Commission (NDRC) hosted a symposium with private enterprises to gather ideas on accelerating services. Zheng Shanjie, head of the NDRC, told attendees that boosting the quality and capacity of services is essential for China’s long-term goals.
Why does it matter? The service industry—from fintech and logistics to tourism and healthcare—accounts for a growing share of the economy. By leveling up support, the Chinese mainland aims to create jobs, encourage innovation, and drive sustainable growth 🎯.
What’s next? Over the coming months, policymakers will refine the plan’s targets and launch new initiatives. If all goes well, we'll see more startups, better public services, and a stronger link between China’s digital economy and global markets.
For young professionals, students, and investors, this means fresh opportunities to ride the wave of service-led growth. Stay tuned as we break down the latest updates on amigonews.net! 💡
Reference(s):
China to step up service sector support in 15th Five-Year Plan
cgtn.com
