INSUBCONTINENT EXCLUSIVE:
China has vowed to continue cutting red tape and attracting foreign investment to boost service consumption over the next five years, as
Beijing turns to domestic demand for a reliable source of economic growth in an uncertain environment for international trade.
There is a
“shortage of high-quality service on the supply side” even as service consumption grows at a faster rate than that of goods, Minister of
Commerce Wang Wentao said at a press conference in Beijing on Friday.
To address the...