Support for Service Sector

China will offer more policy support to boost the growth of the service sector as a new engine to power the country’s economic transition. The government will cut red tape and ease restrictions for the development of elder care, education and sports services, according to a statement released by State Council in October. Unreasonable administrative approvals needed to set up elderly care institutions will be eliminated and spare workshops or training centers may be turned into facilities for the elderly, according to the statement. China will allow private schools