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China's State Council has issued the "Opinions on Promoting High-Quality Development of Service Consumption":

Support the development of E-Sports, social e-commerce, and live e-commerce. $TENCENT.HK$ $TCEHY.US$ $NTES.US$ $NTES-S.HK$ $BABA-SW.HK$ $BABA.US$ $JD-SW.HK$ $JD.US$

Improve the quality of online literature, performances, and online games, and deepen the governance of complex TV charges.

Encourage the development of new industries such as cruise yachts, RV camping, and low-altitude flights. $BYD COMPANY.HK$ $BYD Company Limited.SZ$ $NIO.US$ $NIO.SG$ $NIO-SW.HK$ $BIDU-SW.HK$ $BIDU.US$

Encourage local governments to implement policies such as ticket discounts and free access during off-seasons for scenic spots. $MEITUAN-W.HK$ $TRIP.COM-S.HK$

Optimize entry policies and consumption environment, accelerate the restoration of flight frequencies, provide diversified payment services, and explore expanding the list of visa-free countries. $Ant Group Related.HK$ $Ant Financial Concept.SH$

Guide schools to purchase non-academic after-school services from third-party institutions. $NEW ORIENTAL-S.HK$ $EDU.US$ $EAST BUY.HK$

Strictly crack down on false advertising, online fraud, and information leaks.

To guide financial institutions to increase credit support for key areas of service consumption. $BANK OF CHINA.HK$ $HSBC HOLDINGS.HK$ $CCB.HK$
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