China to Ease Market Access in Healthcare, Tourism and Services to Boost Consumption

Breaking NewsSep. 17, 2025

Summarized by NextFin AI

China will relax market access in high-end healthcare and leisure tourism, aiming to boost services consumption, as stated by Vice Minister of Commerce Sheng Qiuping.
The new policy package includes 19 initiatives across five areas to foster growth in the services sector.
The Ministry of Commerce will utilize a dual approach of “opening up externally and relaxing internally” to enhance service supply and unlock consumption potential.
China plans to expand high-level service openings by adding more industries to the Catalogue of Encouraged Industries for Foreign Investment and promoting major international sporting events.

AsianFin -- China will relax market access in high-end healthcare and leisure tourism while scrapping restrictive measures to spur services consumption, Vice Minister of Commerce Sheng Qiuping said on Wednesday. The remarks came a day after multiple ministries unveiled new policies to strengthen domestic demand.

The new package, released Tuesday, includes 19 initiatives across five areas designed to cultivate fresh growth drivers in the services sector.

Sheng said the Ministry of Commerce (MOFCOM), together with other agencies, will adopt a dual approach of “opening up externally and relaxing internally.” Fiscal and financial tools will be deployed to optimize service supply and unlock new consumption potential, he added.

As part of the plan, China will expand high-level opening in services by adding more industries to the Catalogue of Encouraged Industries for Foreign Investment. The country will also promote the introduction of major international sporting events, according to Sheng.

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Insights

What are the key initiatives introduced in China's new market access package for healthcare and tourism?

How does the dual approach of opening up externally and relaxing internally work in practice?

What specific restrictions are being lifted in the healthcare and tourism sectors?

What impact is China expecting from the relaxation of market access in these sectors?

How will the new policies affect consumer behavior in China?

What role do fiscal and financial tools play in optimizing service supply in China?

What industries are being added to the Catalogue of Encouraged Industries for Foreign Investment?

How does the promotion of international sporting events fit into China's broader economic strategy?

What trends can we expect in China's services sector following these policy changes?

What challenges might arise from relaxing market access in healthcare and tourism?

How do these new measures compare to previous policies aimed at boosting consumption?

What feedback have consumers and businesses provided regarding the new market access policies?

In what ways could these changes influence foreign investment in China?

What are the long-term implications of these policies for China's economy?

How has the COVID-19 pandemic influenced China's approach to market access in services?

What similar strategies have other countries implemented to boost their service sectors?

What specific sectors within healthcare and tourism are expected to benefit the most?

How is the government planning to measure the success of these initiatives?

What potential controversies or debates may arise from these policy changes?

How can businesses prepare for the changes resulting from relaxed market access in China?

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