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An Empirical Analysis on the Development of Service Industry in Jiangsu

Wei Xu

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Abstract

The Development of service industry in Jiangsu lagged behind economic development level seriously,and had a differences between the regions.An empirical analysis on the development of service industry in Jiangsu resulted that the level of economic development,the degree of opening-up,FDI and the population size had a significant positive effect on the development of service industry in Jiangsu,but the level of industrialization and the development of service industry was negatively correlated.There had significant differences in the Factors between the regions,so we should take the differentiated strategies to speed up the development of service industry in Jiangsu.

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What this paper is about

The Development of service industry in Jiangsu lagged behind economic development level seriously,and had a differences between the regions.An empirical analysis on the development of service industry in Jiangsu resulted that the level of economic development,the degree of opening-up,FDI and the population size had a significant positive effect on the development of service industry in Jiangsu,but the level of industrialization and the development of service industry was negatively correlated.There had significant differences in the Factors between the regions,so we should take the differentiated strategies to speed up the development of service industry in Jiangsu.

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Available abstract

The Development of service industry in Jiangsu lagged behind economic development level seriously,and had a differences between the regions.An empirical analysis on the development of service industry in Jiangsu resulted that the level of economic development,the degree of opening-up,FDI and the population size had a significant positive effect on the development of service industry in Jiangsu,but the level of industrialization and the development of service industry was negatively correlated.There had significant differences in the Factors between the regions,so we should take the differentiated strategies to speed up the development of service industry in Jiangsu.

Key concepts: Tertiary sector of the economy, Industrialisation, Service (business), Business, Population, Empirical research, Economic growth, Economic geography

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