The Tendency of International Service Industry and the Strategy of Beijing
Yanhui Pang
Abstract
Yanhui Pang
Abstract
With the world economic center transferred form Europe and North America to the Asia-Pacific region day-by-day, service industry has become the leading industry to economic growth. To analyze the current situation of Beijing's economic development, this article shows that Beijing is in full possession of conditions and comparative advantages to develop modern service industry. Knowing the tendency of international service industry development timely and combined with Beijing's compared advantages, it should be one important strategy for the capital city in the course of its modern service industry development.
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With the world economic center transferred form Europe and North America to the Asia-Pacific region day-by-day, service industry has become the leading industry to economic growth. To analyze the current situation of Beijing's economic development, this article shows that Beijing is in full possession of conditions and comparative advantages to develop modern service industry. Knowing the tendency of international service industry development timely and combined with Beijing's compared advantages, it should be one important strategy for the capital city in the course of its modern service industry development.
Key concepts: Beijing, Tertiary sector of the economy, Service (business), Business, Possession (linguistics), Capital (architecture), International trade, Economy