Abstract
As a pioneer city with the opening-up of China’s service industry, Beijing has experienced a vigorous growth in its service sectors and served as a great example for the development of China’s service industry since 2015. In early 2019, Beijing announced its full opening-up of service industry, becoming China’s first open pilot city. In this study, we analyze the development of Beijing’s service industry and find out the problems existing in the past four years. Under the background of overall opening, we also put forward some suggestions for the development of high-end service in this paper.
Highlights
The global economic development has entered the era of “service economy”
Beijing has developed into a service economy driven growth mega-city and based on the service industry opening to the outside world, the continuous development of high-end service industry is developing to the high-end service industry driven by the international super-core city
Opening-up and the inflow of foreign direct investment (FDI) have posed a significant impact on regional economic growth
Summary
The global economic development has entered the era of “service economy”. The economic development led by the high-end service industry has become the core content of the current service economy development. The opening of service industry and the development of service economy in core mega-cities have become an important engine of current economic development. The development of service economy based on the opening of service industry has become the core driving force of global mega-city economic development. The open service industry has become the main force to promote the recovery and development of the global economy, and it is a new driving force to stimulate the growth of foreign direct investment and international trade. Beijing has developed into a service economy driven growth mega-city and based on the service industry opening to the outside world, the continuous development of high-end service industry is developing to the high-end service industry driven by the international super-core city. Under the background of the comprehensive opening of the service industry, the development problems and paths of the high-end service industry in Beijing can play a leading role in the development of the high-end service industry in other cities, and it has a strong practical significance
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