Eight departments issue guiding opinions on financial support for expanding and upgrading the service sector

On November 4, 2026, according to China Tourism News, eight departments including the People's Bank of China, the National Financial Regulatory Administration, and the Ministry of Culture and Tourism jointly issued the "Guiding Opinions on Financial Support for Expanding and Upgrading the Service Sector." The opinions propose increasing credit support for the service sector, standardizing the development of supply chain finance, and expanding financing channels such as bonds, listings, industrial investment funds, asset securitization instruments, and commercial real estate investment trusts (REITs). On the same day, the China Tourism Academy provided an interpretation of the opinions. Current reports indicate that the opinions have been jointly issued by the eight departments, and no further disclosure of specific implementation arrangements has been seen.