Eight departments issue guiding opinions on financial support for expanding and upgrading the service sector
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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.
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- China Tourism NewsChina Tourism Academy interprets the opinions of eight departments on financial support for the expansion and quality improvement of the cultural and tourism industry
The People's Bank of China, the National Financial Regulatory Administration, the Ministry of Culture and Tourism and five other departments jointly issued the Guiding Opinions on Financial Support for the Expansion and Quality Improvement of the Service Industry, proposing to increase credit support for the service industry, standardize the development of supply chain finance, and expand financing channels such as bonds, listings, industrial investment funds, asset securitization instruments, and commercial real estate investment trusts (REITs).
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