MNI: Fed Should Tread Cautiously On Productivity -Goolsbee

MNI: US Tariffs Could Boost Inflation By 0.81%-1.63% -ATL Fed

MNI: Canada Apr-Dec Budget Deficit CAD21.7B Vs Prior CAD23.6B

MNI BRIEF: China February PMI Rises Back To Expansion Zone

MNI China Daily Summary: Friday, February 28

MNI BRIEF: Xi Calls For Greater Consumption To Boost Demand

BAKER HUGHES CANADA RIG COUNT 248; OIL RIGS 177; GAS RIGS 71

MNI: BAKER HUGHES US RIG COUNT 593; OIL RIGS 486; GAS RIGS 102

EZ/UK Bond Supply Calendar: DDA, RAGBs, Gilt, Bobl Due Tuesday

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CHINA PRESS: China To Promote Service, Technology Consumption

CHINA PRESS
EM BulletAPACChinaEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

China must promote service consumption by improving the supply in education, medical care, culture, sports, tourism, elderly care and housekeeping, said Premier Li Qiang at a State Council meeting Thursday. It is also necessary to quicken the promotion of artificial intelligence technology and boost spending on AI terminal products, he added. Li emphasised consumption should be placed in a more prominent position to help expand domestic demand and drive economic growth, which is also a major measure for economic transformation in the medium and long term. (Source: Xinhua News Agency)

90 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

China must promote service consumption by improving the supply in education, medical care, culture, sports, tourism, elderly care and housekeeping, said Premier Li Qiang at a State Council meeting Thursday. It is also necessary to quicken the promotion of artificial intelligence technology and boost spending on AI terminal products, he added. Li emphasised consumption should be placed in a more prominent position to help expand domestic demand and drive economic growth, which is also a major measure for economic transformation in the medium and long term. (Source: Xinhua News Agency)