2024-08-17
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Since 2024, as market supply has improved and enriched, residents' service consumption potential has continued to be released, and service retail sales have maintained rapid growth.
The latest data shows that from January to July, service retail sales increased by 7.2% year-on-year, 4.1 percentage points higher than the retail sales of goods in the same period.
The holiday consumption boom continues, driving double-digit growth in retail sales of transportation services. New types of integrated consumption, such as parent-child travel, performance travel, event travel, and film and television travel, are developing rapidly. Consumption in tourism consulting, rental services, and performance activities is growing rapidly.
Local governments have optimized consumption supply according to regional characteristics, and sports and leisure, elderly care and childcare have become new growth points for consumption. Shanghai has embedded domestic service companies in some communities with high demand for domestic service, so that residents can make reservations for comprehensive services such as cleaning, storage, and door-to-door care at any time at their doorstep.
Recently, the country has issued 20 measures to promote the high-quality development of service consumption. In the future, it will tap the potential of basic consumption such as catering and accommodation, stimulate the vitality of improved consumption such as culture and entertainment, cultivate and expand new types of consumption such as digital consumption, green consumption, and healthy consumption, and continuously optimize and expand service supply to better meet the people's personalized, diversified, and quality service consumption needs.