National Service Industry Conference Held in Beijing, Boosting Quality and Capacity Expansion

Recently, the National Service Industry Conference held in Beijing clearly took capacity expansion and quality improvement as the main line, promoting producer services to extend towards specialization and the high end of the value chain, and consumer services to upgrade towards high quality, diversification and convenience. This marks that China’s service industry has entered a new stage of systematic promotion, capacity expansion and quality improvement.

China Daily reports that the service industry, with its long industrial chain, wide coverage and strong driving force, is the largest industry in the national economy and a key engine for stabilizing growth, ensuring people’s livelihood and promoting employment. Especially in the current critical period when China is transforming from a "manufacturing power" to a "manufacturing strong country", the development level of the service industry directly affects the overall process of digital and green transformation of the manufacturing industry, and is related to China’s competitive position in the global manufacturing industry.

Against the background of the accelerated evolution of the new round of technological revolution and industrial transformation, promoting the capacity expansion and quality improvement of the service industry through digital and intelligent technologies has become a key measure to accelerate the construction of a modern industrial system and comprehensively enhance industrial competitiveness. In recent years, China has in-depth carried out comprehensive pilot projects for expanding the opening up of the service industry, and the service industry has shown a sound momentum of synchronous improvement in scale and supporting capacity.

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Currently, the digital and intelligent transformation of China’s service industry is accelerating. Technologies such as cloud computing and artificial intelligence are reconstructing service delivery models, and digital delivery services have become an important part of service trade. The integration trend is advancing in depth, with modern service industry and advanced manufacturing industry closely linked, and producer services shifting from supporting roles to the core of value creation.

At the same time, the structural optimization of the service industry is continuously deepened, and the opening-up level is constantly improved, making it the main engine for attracting foreign investment. Globally, the digitalization, knowledge and integration of the service industry have become a common trend. The European Union’s service industry grows significantly faster than industry, with real estate services, information and communication, and professional and technical services performing prominently as the main support for economic recovery.

Xinhua News Agency notes that Germany, relying on its strong manufacturing foundation, promotes the high-end development of producer services to provide solid support for the digital transformation of the manufacturing industry. Singapore focuses on high-value-added fields such as digital trust, green finance and cross-border professional services, promoting the digital transformation of the service industry through an efficient business environment and alignment with international rules.

China’s service industry, with unique advantages such as a super-large market and rich application scenarios, is taking a distinctive development path driven by the market, empowered by digital intelligence, integrated with two industries and oriented towards people’s livelihood. Currently, China is strengthening digital and intelligent empowerment, deepening industrial integration, accelerating reform steps and expanding institutional opening-up to address existing shortcomings.

Moving forward, China will focus on key areas such as high-end industrial software, promote the penetration of artificial intelligence and big data into the entire service chain, cultivate new formats, and deepen the integration of the service industry with the manufacturing industry. It will also improve supporting policies, strengthen the construction of service standards, and expand opening-up to align with high-standard international rules, striving to advance from a major service country to a strong service country and enhance its competitiveness in the global service economy.