The National Service Industry Conference is about to be held; measures to expand capacity and improve quality in the service industry will be introduced.

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The Director of the National Development and Reform Commission, Zheng Shanjie, previously said that after the Two Sessions, a National Service Industry Conference will be convened. The National Development and Reform Commission will work with the Ministry of Commerce, the Ministry of Industry and Information Technology, and other departments to introduce a series of measures to expand capacity and enhance quality, fully tapping into the potential for high-quality development of the service sector. During the “15th Five-Year Plan” period, it is expected that the scale of the service sector will exceed 100 trillion yuan. In recent days, signals to promote high-quality and efficient development of the service sector have continued to be released. The 11th plenary meeting of the State Council held on March 16 proposed to actively plan and advance the expansion of capacity and quality improvement in the service sector; the State Council executive meeting held on March 27 proposed that efforts should be made to fully tap the development potential of the service sector. (China Securities Taurus)

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