China's cabinet holds meeting to study service sector measures

BEIJING (Reuters) - China cabinet on Friday held a meeting to study the work related to the service sector, saying the country will roll out new opening up measures in sectors including telecommunications and financial services, state media reported.

The cabinet meeting, chaired by Premier Li Qiang, also reviewed and approved an action plan to improve the recycling system of new energy vehicle power batteries, as the sector has entered large-scale decommissioning stage, state media CCTV said.

(Reporting by Ellen Zhang and Ryan Woo; Editing by Tomasz Janowski)

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