China has unveiled a sweeping plan to integrate modern services with advanced manufacturing, targeting a 100-trillion-yuan economy by 2030, according to a blueprint released by the State Council of China.
The report said Beijing aims to strengthen its industrial base while avoiding deindustrialisation as its workforce shifts towards services.
The policy focuses on “producer services” such as logistics, information technology and research. According to analysts cited in the report, these sectors will support manufacturing upgrades and help build globally competitive Chinese brands.
China on Tuesday issued a new set of guidelines aimed at expanding capacity and upgrading the quality of the service sector, stating that the sector's total scale in the country is expected to reach 100 trillion yuan (about $14.58 trillion) by 2030. pic.twitter.com/qo4lIuCZlv
— China Business (@PDChinaBusiness) April 22, 2026
The plan encourages firms to move beyond hardware production towards “product-plus-service” models.
Zhu Keli of the China Institute of New Economy said the shift marks a strategic upgrade, driven by software, data and smart logistics.
A note from Guotai Haitong Securities, cited in the report, said the move will help maintain industrial strength while expanding service-led growth.
Consumer services like healthcare, childcare and tourism will also see targeted expansion.
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