Rapid evolution of services consumption will create the world more opportunities
2026-01-12 09:22 环球时报网英文版
Customers select pet supplies at a duty-free shopping mall in Haikou, South China"s Hainan Province on December 2, 2025. In the first month since the implementation of the expanded offshore duty-free policy, duty-free sales in Haikou amounted to 2.38 billion yuan ($337 million), a year-on-year increase of 27.1 percent, with 1.905 million items purchased, data released by Haikou Customs showed. Photo: VCG
China"s consumption market is rapidly evolving. The commerce system is likely to accelerate the fostering of new growth points in services consumption and unlock greater consumption potential in 2026, according to a two-day national commerce work conference that closed on Sunday.
Services consumption has emerged as an increasingly important force in the expansion of China"s consumer market, a dynamic that is also fostering international collaboration and driving higher-value services trade. The growth of the sector will knit China more deeply into the global economy and create shared opportunities worldwide.
According to the National Bureau of Statistics, services consumption accounted for 46.1 percent of China"s per capita consumer spending in 2024, and the China Institute for Reform and Development forecasted that this share will exceed 50 percent by 2030 - signaling the steady arrival of a services-oriented consumption society.
Services consumption covers traditional areas such as dining, lodging, caring, traveling, entertaining, and household services, while increasingly integrating with new technologies, typically, the ongoing digital and green transformation.
The evolution can underpin established services while foster new growth drivers - for example, smart eldercare, online entertainment, and immersive tourism, generating fresh momentum and broadening the space for economic development.




