China to expand visa-free policy coverage amid high-quality dev. of service consumption

China vows to promote the high-quality development of its services sector, in a bid to tap the potential of consumption, which will be realized through multiple measures, including the extension of the visa-free policy to more countries and the further expanded opening-up of the services industry.

The State Council, China’s cabinet, on Saturday released guidelines on boosting high-quality development of service consumption to unleash consumption potential. 

Domestic consumption will be boosted by attracting foreign investors and tourists, according to analysts. Also, China will optimize the overall quality of its services sector to better serve the demand of domestic and foreign consumers. More importantly, China’s opening-up policy will let the world share the opportunities and dividends of the country’s development. The guidelines include 20 specific targeted sectors in six categories, calling for improving the service quality of the catering industry and encouraging world-renowned catering brands to open their first or flagship store in China. The quality of accommodation services and foreign-related services should also be improved. An array of measures will be taken to boost the vitality of life-enhancing consumption, including expanding visa-free policy to more countries, read the guidance. The signal is clear, and the direction of future economic work has been further clarified, Pan Helin, a member of the Expert Committee for Information and Communication Economy under the Ministry of Industry and Information Technology informed media on Sunday.