China's family services market has been projected to worth ¥160 billion to emerge as a major job creator, Wang Zhihong, a senior official with the Ministry of Human Resources and Social Security, said at an industry meeting held Sunday in northwestern China's Ningxia province. The nation is home to more than half a million family services agents employing some 15 million people and offering chores, nursing, repair, and building management services. The nation aims to boost its consumer spending on services to 37% of all consumption by 2010.

$1 = ¥6.8

Source: http://www.cs.com.cn/xwzx/03/200908/t20090802_2168948.htm

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