{"id":119087,"date":"2026-05-19T13:07:04","date_gmt":"2026-05-19T13:07:04","guid":{"rendered":"https:\/\/sotnews.agency\/?p=119087"},"modified":"2026-05-19T13:07:04","modified_gmt":"2026-05-19T13:07:04","slug":"p-html-7","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=119087","title":{"rendered":"
Service sector powers China’s new engine of economic growth<\/div>"},"content":{"rendered":"
\n
\n \t<\/i> Read Time:<\/span>1 Minute, 30 Second <\/div>\n\n <\/div>
\n

The recently concluded Qingming Festival holiday offered a vivid snapshot of the vitality of China’s service sector.<\/p>\n

From immersive “tea-picking study tours” to Han- and Tang-style costume photography amid blooming flowers in scenic areas, and even Beijing’s smart home-cleaning services delivered by teams combining human workers and robots, consumption patterns are clearly shifting. As living standards rise alongside China’s modernization drive, households are moving away from “buying more goods” towards “seeking better services and richer experiences.”<\/p>\n

A new calling card for foreign investment<\/strong><\/p>\n

The service sector has also become a key entry point for China’s high-level opening up. In recent years, China has advanced service trade development, improved inbound tourism policies, expanded pilot programs for service sector opening and promoted the orderly liberalization of sectors such as telecommunications, healthcare and education.<\/p>\n

Major platforms such as the China International Fair for Trade in Services have boosted global cooperation, while pilot zones for expanding service sector opening have been extended to 20 regions across the country. In 2025, the service sector accounted for around 70% of China’s utilized foreign investment, according to the Ministry of Commerce. The country also recorded over 150 million inbound tourist visits, with spending exceeding $130 billion, making travel services the largest segment of service trade.<\/p>\n

“Services are now China’s calling card for foreign investment. High-end logistics, R&D services, digital trade \u2013 multinationals see opportunity and they’re investing for the long term,” Zhao Zhongxiu, president of the University of International Business and Economics, told CGTN.<\/p>\n

As policy measures continue to roll out, the service sector is expected to enter a new phase of rapid expansion. Analysts predict strong growth in areas such as software and information services, with annual growth rates around 12%, while the market for AI-powered services could exceed 800 billion yuan.<\/p>\n<\/div>\n

\n
\n \n
\n \n \"Happy\"\n <\/a>\n
\n Happy <\/div>\n
\n 0<\/span>\n \n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Sad\"\n <\/a>\n
\n Sad <\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Excited\"\n <\/a>\n
\n Excited <\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Sleepy\"\n <\/a>\n
\n Sleepy <\/div>\n
\n 0<\/span>\n \n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Angry\"\n <\/a>\n
Angry<\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n \n <\/div>\n <\/div>\n\n
\n \n \"Surprise\"\n <\/a>\n
Surprise<\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n <\/div>\n <\/div>\n\n ","protected":false},"excerpt":{"rendered":"
The service sector in China not only holds vast consumption potential as a daily necessity but also generates powerful productive forces.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-119087","post","type-post","status-publish","format-standard","hentry","category-blog"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/119087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=119087"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/119087\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=119087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=119087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=119087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}