China Securities Journal: Support for service consumption policies is expected to increase

The State Council's executive meeting held on January 16 proposed to accelerate the cultivation of new growth points in service consumption. Since the beginning of 2026, the policy support for the service consumption sector has continued to increase. Multiple departments have issued support policies for service consumption, covering areas such as the silver economy, green consumption, and cultural and sports consumption. Many regions, including Shanghai, Jiangsu, and Beijing, have also introduced local support policies. Experts believe that the upgrading of resident consumption and the enhancement of digital intelligence technology can expand the growth space for service consumption. In the future, it is necessary to further optimize the consumption environment, improve financial support measures, and promote precise matching of supply and demand