China's summer spending surge in tourism, entertainment, and sports demonstrates rapid growth in service consumption.

China's summer spending boom in tourism, entertainment, and sports showcases the potential for service consumption to boost overall economic development. The domestic tourism market experienced a stable rise, with the box office surpassing 10 billion yuan and sports activity interest growing. Service consumption accounts for 45.6% of per capita consumer spending, and the State Council has set 20 key tasks to develop this sector, including fostering new consumption types and scenarios.