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Service-sector investment a top priority to diversify economic structure

By Zhong Nan and Wu Yong in Shenyang | China Daily | Updated: 2018-09-12 07:28

Investment in service industries, such as retail, tourism, education and healthcare, is a top priority and will help to diversify Liaoning province's economic development in the long run, business leaders said.

Zhang Jindong, chairman of Suning Holdings Group Ltd, said the Nanjing, Jiangsu province-based group plans to have around 600 smart retail outlets throughout Liaoning by 2020, coinciding with the local government's efforts to restructure and enrich its economy.

"As private companies are major beneficiaries of China's reform and opening-up policies, we will step up efforts to transform our retail stores with cutting-edge technologies to meet the demand for consumption upgrades in Liaoning," he said.

Service-sector investment a top priority to diversify economic structure

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