On June 16, 1992, the Central Committee of the Communist Party of China and the State Council decided to accelerate the development of the third industry.On June 16, 1992, the Central Committee of the Communist Party of China and the State Council made the "Decision on accelerating the development of the third industry", demanding that the Party and governments at all levels attach great importance to the third industry and the leading cadres of the party at all levels to unite their ideas, change their ideas, open their minds, play creative roles, mobilize the broad masses of cadres, and strive to accelerate the development of the third industry as a major strategic task.The Decision also put forward 13 policies and measures for accelerating the development of the third industry.