The government recently announced a plan to boost consumer spending to 60 trillion yuan by 2030, as part of an effort to increase domestic consumption.
The plan is more focused on the service sectors and includes
Improve domestic services, including restaurants and hotels
Expanding elder care
Expanding childcare
Develop tourism and cultural tourism
Promote healthy consumption, including health food and medical checks
Expanding sports and recreation
Improve the quality of education and job train...