China's Xi urges demand-driven growth in services industry
China's Xi urges demand-driven growth in services industry
ReutersWed, April 8, 2026 at 4:36 AM UTC
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Chinese President Xi Jinping attends the closing session of the National People's Congress (NPC) at the Great Hall of the People in Beijing, China March 12, 2026. REUTERS/Tingshu Wang
BEIJING, April 8 (Reuters) - China's President Xi Jinping has called for a demand-driven approach coupled with reform and technological empowerment to develop the service industry, the official Xinhua news agency reported on Wednesday.
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China will cultivate more "China service" brands and push production-oriented services toward specialisation and higher positions in the value chain, Xinhua reported Xi as saying in a directive to a two-day national service industry conference in Beijing that began on Tuesday.
(Reporting by Ethan Wang and Kevin Yao; Editing by Christopher Cushing)
Source: “AOL Breaking”
