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Economic Watch: From owning to experiencing: services trade fair mirrors China's rise as service consumption powerhouse
With just a tap on a screen, Ms. Wang watched herself instantly transformed from a modern fashionista into Mu Guiying, her favorite Peking Opera character from centuries ago. This AI-powered experience was presented by the Jingju Theater Company of Beijing at the ongoing 2026 China International Fair for Trade in Services (CIFTIS).
September14,2026
Economic Watch: Digital technology reshapes China's service consumption landscape
From virtual reality (VR) and augmented reality (AR) experiences that bring museum collections closer to visitors, to AI-powered travel planning and personalized recommendations on e-commerce platforms, digital technologies are fundamentally reshaping how Chinese consumers discover and enjoy exciting new services.
August10,2026
China's new measures to expand service consumption set to boost growth
China's newly released measures to increase service consumption have drawn significant attention, with officials and experts saying the package will optimize service supply, stimulate new demand, promote high-quality development and improve people's well-being.
September18,2025
China mulls new measures to promote service consumption
China will work on new measures to promote service consumption, further unleashing consumption potential in the service sector, according to the National Development and Reform Commission (NDRC) on Tuesday.
November18,2020
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