China will accelerate the development of production-oriented service industries in a bid to step up industrial restructuring and prop up economic growth.
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Priorities will be given to the development of research and design, commercial services, marketing and after-sales services, and will be driven by the market and innovation, according to an executive meeting of the State Council chaired by Chinese Premier Li Keqiang on Wednesday.
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The move is expected to stimulate domestic demand, boost social employment and improve people's livelihoods, as well as stabilize economic growth, the meeting said.
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It will also lead to the sector to move up the value chain, and prompt integrative development of the country's tertiary, agriculture and industry sectors.Â