Fourteen ministries recently published Several Policies for Recovery and Development of Services Industries Facing Difficulties, which includes special supports for catering. How does MOFCOM assess the situation of these industries facing difficulties, and how will MOFCOM implement these policies?(2022-02-24)
Catering is key to final consumption and employment. Thus, it bears significance for stabilizing growth, boosting consumption, creating jobs, and improving people’s livelihood. Due to the Covid-19 pandemic, catering businesses are faced with increasing pressure that comes from reduced footfall and rising costs. Small- and medium-sized businesses are facing particularly grave difficulties, as they are less capable of resisting risks.
The CPC Central Committee and the State Council pay great attention to the recovery and development of the catering industry. The Several Policies for Recovery and Development of Services Industries Facing Difficulties, jointly published by 14 ministries, includes ten general policies and seven special policies tailored for catering. In the next step, MOFCOM will work with relevant authorities to expedite introduction of measures to implement the supports, while encouraging local authorities to make and enforce supporting policies in time and addressing challenges and impediments of policy enforcement, so that the businesses can benefit from them and the industries can recover and grow. Thank you.