Global EditionASIA 中文雙語Fran?ais
    China
    Home / China / National affairs

    Backing for new types of consumption

    By Xu Wei | China Daily | Updated: 2020-09-29 09:35
    Share
    Share - WeChat
    SHI YU/CHINA DAILY

    Healthcare, education, entertainment and tourism among sectors addressed in Cabinet guideline

    The central government has ratcheted up support for new forms of consumption in sectors including healthcare, education, entertainment and tourism as part of broader efforts to promote a rebound in retail sales and shore up economic growth.

    The General Office of the State Council unveiled a guideline on Sept 21 that is designed to drive the growth of new types of consumption with new business models and patterns. It highlighted the need to bolster the development of infrastructure and services, along with oversight.

    In fostering new business models in various areas, the government will refine its Internet Plus services and public service platforms for e-commerce and enable further integration between online and offline consumption, the office said.

    To boost the growth of online education, authorities will encourage the development of online learning models and popularize large-scale online open courses and enable the joint development and sharing of various digital education resources.

    The development of online healthcare will be supported by the promotion of services including online diagnosis, the use of electronic prescriptions and online sales of pharmaceuticals, according to the guideline.

    It also included measures to spur the growth of online entertainment, with steps to give internet companies incentives to create digital art forms and develop new broadcasting platforms for digital resources.

    More smart technologies will be applied to the tourism sector to make services more accessible, and additional policy support will be extended to business models such as food delivery, instant delivery and home-sharing services.

    Chinese e-commerce and digital service providers will be encouraged to explore the global market, and the development of international courier services will be sped up. The use of the yuan in international settlement will be explored for trading of items involved in the new consumption models, the guideline said.

    "Even though the COVID-19 pandemic has brought about an unexpected shock to economic performance, especially in the retail sector, it has also ushered in unexpected opportunities for new types of consumption and services, including contactless models," Gao Gao, deputy secretary-general of the National Development and Reform Commission, told a news conference on Sept 22.

    The new models have pushed forward the expansion of online consumption from daily necessities to healthcare, education, entertainment, tourism and fitness, he said.

    An important factor that underpinned the positive economic year-on-year growth in the second quarter-after a year-on-year contraction of 6.8 percent in the first quarter-was the new type of consumer spending, he said.

    However, a lack of infrastructure such as cold chains and smart express delivery systems, a talent shortage in small cities and rural areas and deficiencies in laws, regulations and standards could affect the sustained growth of the new business models, he added.

    The guideline is intended to spur a recovery in spending, foster new growth drivers and further stimulate consumption and unleash its potential, Gao said.

    China's retail sales, which posted their first positive year-on-year growth last month, remained the weakest link as other economic indicators, such as investment and industry, pointed a more robust recovery in August.

    Meanwhile, online shopping continued to be a key driver of consumer spending last month, with online sales accounting for 24.6 percent of retail sales-5.2 percentage points more than in August last year-according to the National Bureau of Statistics.

    Tommy Wu, lead economist at Oxford Economics, said the pickup in retail sales momentum in August was encouraging, but it continues to lag, with demand for services remaining especially weak.

    He said he expects the recovery in household consumption to continue, and employment to pick up, as the economy moves deeper into the recovery stage.

    Peng Wensheng, chief economist with China International Capital Corp, said the growth of the digital economy is key to the further expansion of household consumption because it can offer more channels for residents to increase their income.

    "The digital economy has played a significant role in the fight against the pandemic, and it will continue to be an important underpinning to boost consumer demand and enable a sustained economic recovery," he said.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
     
    中文字幕乱码中文乱码51精品| 国产精品va无码一区二区| 国产a v无码专区亚洲av| 中文字幕无码成人免费视频| 天天看高清无码一区二区三区| 亚洲av无码成人黄网站在线观看| 亚洲VA中文字幕无码一二三区| 国产精品99精品无码视亚| 亚洲精品无码乱码成人| 中文无码精品一区二区三区| 中文字幕丰满伦子无码| 久久精品无码一区二区app| 无码无套少妇毛多18p| 免费看无码特级毛片| 亚洲精品99久久久久中文字幕| 亚洲av无码专区在线观看素人| 国产免费无码AV片在线观看不卡| 亚洲国产精品无码一线岛国| 综合久久久久久中文字幕亚洲国产国产综合一区首 | 精品久久久久久无码中文字幕| 中文字幕丰满乱子无码视频| 国产在线观看无码免费视频| 精品久久久久久无码专区| 无码专区永久免费AV网站| 亚洲精品无码精品mV在线观看| 久久久久亚洲AV片无码下载蜜桃| 亚洲日韩VA无码中文字幕| 久久亚洲2019中文字幕| 亚洲欧美中文字幕| 最近中文字幕免费完整| 中文字幕亚洲综合精品一区| 国产高清中文手机在线观看| 娇小性色xxxxx中文| 中文字幕日本在线观看| 久久久网中文字幕| 无码国产精品一区二区免费| 中文字幕日韩精品有码视频| 成人午夜精品无码区久久| 亚洲av永久无码精品网站| 无码中文av有码中文a| 国模GOGO无码人体啪啪|