The growth of China's service industry, technological advancement, and international competitiveness

Author: Cheng Da-Zhong
Publisher:
Publish Date: 2006-06-01
Features: This book is the final research outcome of the National Education Ministry's Humanities and Social Sciences Research Project, "Research on the Growth, Technological Progress, and International Competitiveness of China's Service Industry" (Project Approval No.: 03JD790019), which was led by the author. The rapid development of the service industry in the real economy has given rise to numerous pressing issues and challenges that require in-depth research from the academic community. The mission of this study lies precisely in this, focusing on the growth, technological progress, and international competitiveness of China's service industry. The distinctive feature or contribution of this research lies in incorporating the issue of China's service industry into the analytical framework and research scope of modern economics (such as theories of non-equilibrium growth, endogenous growth theory, etc.), and employing modern econometric methods and techniques for empirical research. The basic research approach of this study is outlined in the subsequent research approach and content framework diagram: First, it analyzes the international, domestic, and institutional backgrounds of China's service industry development, discussing the problems in China's service industry statistics; second, it conducts a layered and in-depth study of the growth and technological progress of China's service industry based on a supply-side analytical framework and an endogenous growth analytical framework that integrates supply and demand; third, it compares the competitiveness of China's service industry internationally; and finally, it discusses the opening-up of China's service industry and the reduction of commitments in service trade, simulates and forecasts the future development of China's service industry, and proposes relevant policy recommendations.