Services In China Research Articles

Research on the path of enhancing the international competitiveness of China's service trade

Research on the path of enhancing the international competitiveness of China's service trade

Innovation in the service sector promotes China's position in the global value chain

Under the background of economic globalization, accelerating the opening up of the service industry is an important hand in shaping new advantages in international competition and cooperation under the new situation, and the service industry has become the main driving force of the world's economic growth, and an important indicator of a country's international competitiveness. The level of development of China's service industry is still far from the leading level in the international arena, which to some extent affects China's improvement in its position in the global value chain. For this reason, this project intends to combine the KPWW method of accounting research, Hausmann, Hwang and Rodrik (2007) and other research methods to jointly explore the mechanism and countermeasures of the opening up of the service industry to promote the improvement of China's position in the global value chain.

The Impact of the Second Phase of China-South Korea FTA Negotiation on China's Service Trade -- Simulation Analysis Based on GTAP Model

The second phase of China-South Korea FTA negotiation is underway, its main negotiation content is focused on the service trade and investment field, this is the first time for China to carry out the negative list mode of related negotiations, and has made substantial progress at this stage, is expected to sign the agreement in the past two years. However, from the perspective of the second stage negotiations between China and South Korea, there are relatively few studies to analyze the possible impact of the signing on China, especially on various industries of service trade. Therefore, this paper takes the negotiation as the background, takes the service trade as the research object, and on the basis of fully analyzing the development status of the service trade between China and South Korea, uses the GTAP model to empirically analyze the impact of the reduction of service trade barriers in three different scenarios on the macro-economy and service trade of China and South Korea, and draws a conclusion: The conclusion of this negotiation will bring a very obvious positive effect to China and South Korea, and the positive effect will increase with the degree of service trade opening between the two countries, and on this basis, corresponding policy suggestions are given.

Optimizing the counter service based on linear programming and queue theory

With the progress of the social economy, the pace of people's life and work is accelerating, and queuing has gradually become a key factor affecting the service level and quality of enterprises. Although the queuing problem has been gradually optimized, there are still some problems such as queue congestion and confusion, inadequate work of staff, and low efficiency. It can be seen that effective measures have been taken to properly solve the queuing problem in China's service industry and other industries. This paper is aimed at using the method that combined linear programming with queue theory to develop 3 steps to optimize the manpower scheduling problem for a real-world situation. A case study of the local government service counter is provided. After applying our model to the case problem, we have achieved three goals: to reduce the number of staff to a more accurate state. Our research finds that there exist some real problems with the service like their service rate is a bit low and needs to improve. In addition, this model has application value for a wide range of other fields, such as banks, post offices and other scenarios.

Digital global value chains: An analysis from the perspective of a value-added decomposition

Digital technologies reshape the distribution of value added through global value chains (GVCs). Based on the GVC decomposition method, we calculate the digital technology-related value added implied in GVCs. We find that digital technology-related value added share in service industries is higher and growing more rapidly than overall industries. The share of digital technology-related value added of three trade paths in service industries is higher than its share in overall industries. In service industries, simple and complex value chains have a higher share of digital technology-related value added than traditional value chains. Digital technology-related value added in China's service industries grows faster than overall industries, and digital technology-related value added in China's service industries trade grows faster than in overall industries trade. The share of digital technology-related value added in trade is higher and grows faster than its in domestic demand. The share of digital technology-related value added in China's service industries is higher than that in overall industries. This paper offers new interpretations of digital GVCs.

Research on the Development Strategy of China's Service Trade under the Background of the COVID-19 Pandemic

Service Trade is one of the key topics of current research. With the impact and changes brought about by the out break of COVID-19 pandemic on Chinas service trade, China is facing a series of challenges such as changing consumer demands, insufficient openness, cross-border cooperation, and sustainable development. Based on literature review and analysis, this paper sorts out the traditional field of Chinas service trade from its initial stage. It explores the transition from a marginal role to a prominent position in the period from 1978 to 2001. It further invetigates the increasing internationalization of Chinas service trade from 2001 to 2012. Since 2013, Chinas service trade has entered a new phase of development. Chinas trade in services has continued to go up, especially in emerging areas such as digitalization, the Internet, and cross-border e-commerce. To obtain comprehensive information and data, this research examines relevant literature and policy documents on Chinas service trade, focusing on strategic adjustments and development in response to the influence of the pandemic. The study indicates that in the context of the pandemic, Chinas service trade strategy is characterized by diversification and flexibility, which will help reinforce the competitiveness of Chinas service trade and boost the recovery and development of the global economy.

Impact of RCEP on China's Service Trade: Based on GTAP Model

Impact of RCEP on China's Service Trade: Based on GTAP Model

Research on Employment Effect of FDI in Service Industry in Jiangsu Province

In recent years, the global foreign direct investment (FDI) has shown a “service-oriented” trend, and the labor force has gradually begun to flow to the service industry. Introducing FDI into service industry can not only absorb part of employment with its job-creation effect, but also promote the improvement of employment quality. Under the guidance of market demand and the government, the proportion of FDI in China's service sector has gradually increased, and the service sector and service trade have become a new driving force for China's economic growth. The development of service industry in Jiangsu province has always been in a leading position in China. Meanwhile, Jiangsu province is also one of the main provinces where labor force gathers. Therefore, it is of theoretical and practical significance to study the employment effect of FDI in service industry in Jiangsu Province for relieving employment pressure and promoting the efficient use of FDI. This study firstly combs the relevant literature at home and abroad, which is divided into two aspects of employment quantity and employment quality. On this basis, the paper analyzes the mechanism of service FDI's influence on employment from these two levels and constructs the theoretical basis of this study. Secondly, this study analyzes the current situation of FDI and employment in service industry in Jiangsu Province. Then, empirical analysis is made on the data of Jiangsu province from 2007 to 2020, and the conclusion is drawn that FDI in service industry in Jiangsu Province can not only promote the increase of employment quantity in service industry, but also promote the improvement of employment quality in service industry. Based on the above analysis, this study puts forward relevant suggestions on how to make more efficient use of FDI to drive employment effect in Jiangsu province.

Impact of Digital Economy on China's Services Trade Competitiveness

With the global spread of the new coronavirus epidemic, international trade has been greatly hindered. However, the rapid development of the digital economy has improved the efficiency of financial services and government governance, providing new solutions and perspectives for countries to develop service trade. Therefore, this paper uses the macro panel data of 30 provinces in China from 2013 to 2020 and the system GMM model to empirically test the impact of digital economy on the competitiveness of service trade from the perspective of financial development and government governance. This paper finds that the development of the digital economy can promote the progress of financial industry and strengthen the level of government governance so as to enhance the competitiveness of service trade; that is, financial development and government governance have mediating effects. Based on the above results, the author proposes to deepen the digital transformation of government governance, deepen the digital reform of financial services and promote the process of digital legal supervision.

The optimized development of China's service industry in the “Belt and Road” regional value chain: A social network analysis

AbstractThe optimized development of service industry in the value chain can inject strong impetus into economic growth. The “Belt and Road” initiative provides a new path for China's service industry. This article combines value‐added accounting method and social network analysis method to study the network environment of service trade in the “Belt and Road” region and the individual characteristics of China's service trade. At the same time, the article deeply analyzes the factors that affect the optimized development of China's service industry in the “Belt and Road” regional value chain from the perspective of trade relations and puts forward countermeasures and suggestions accordingly. The study found that the “Belt and Road” regional service trade network has high density and shows a trend of blockization. As a core node in the regional service trade network, China has strong subjective initiative, connecting link, and independence in trade relations. Moreover, the optimization of China's service trade relations can further enhance its position in the “Belt and Road” regional value chain. At the same time, it can also enhance political and cultural identity, enhance China's discourse power, and promote the process of regional economic integration. Therefore, China's service industry can use the “Belt and Road” initiative to innovate the trade relationship model and realize the optimal development.

How does Sci-tech Finance Affect the Structural Upgrading of China's Service Industry?

Combined with the rise of science and technology finance(sci-tech fin) in the current digital age, this paper selects panel data of 30 provinces and cities from 2011 to 2020 to build a two-way fixed effect model, and empirically analyzes the influence of fintech on the structural upgrading of Chinese service industry. The results show that sci-tech finance significantly positively pushes forward the structural upgrading of the service sector with regional heterogeneity, which is specifically manifested in the positive promoting effect on the central and western areas. Additionally, the level of financial regulation and government expenditure can enhance the influence of sci-tech finance on the service industry structure promoting. Based on this, the paper puts forward some policy suggestions on developing sci-tech finance and deepening the combination of technology finance and service industry.

Study on the Impact of Cross-border E-Commerce Development on China's Service Trade Exports

Service trade is an important part of China’s foreign trade, which plays a significant role in optimizing our trade structure and accelerating the upgrading of our export trade. As a new engine of foreign trade growth, cross-border e-commerce is beneficial to improve the scale of China’s service trade, optimize the structure of service trade and enhance the overall competitiveness of emerging service trade.The application of China’s cross-border e-commerce in the field of service trade is still in the exploratory stage, facing problems such as insufficient demand, many differences in rules, imperfect statistical and regulatory system and international trade protectionism.In order to promote the reform of the development mode of service trade, specific suggestions are made in the following aspects: creating a favorable environment for the development of cross-border e-commerce and service trade, encouraging service trade innovation in cross-border e-commerce transactions,actively participating in the formulation of trade rules and improving the international competitiveness of export-oriented enterprises.

Value-added tax reform and service exports: Evidence from China

In 2012, sales tax was replaced in China with value-added tax (VAT). This study evaluates the effect of this change on service exports. VAT reform was introduced across provinces and service sectors at different times. Hence, our paper identifies the impacts of VAT reform on firms’ export behavior by utilizing a difference-in-difference (DID) estimation methodology and finds that VAT reform significantly increases service exports in intensive and extensive margins. The export-enhancing effects are larger for non-state-owned enterprises and firms of larger scale and higher productivity levels. VAT reform alleviates tax magnification and double taxation and effectively promotes the competitiveness of China's service exports. With the complete implementation of VAT reform, alongside the full refund of VAT on exported products, China's service exports would increase by approximately two-and-a-half times.

Analysis and Research on the Impact of Productive Service Agglomeration on Green Total Factor Productivity of Service Industry Based on the Moderating Effect of FDI

This paper selects the GML index to measure the green total factor productivity of China's service industry, and empirically examines the effects of productive service industry agglomeration, service industry FDI and their interaction terms on green total factor productivity after fully controlling for the important variables affecting green total factor productivity in service industry. At the regional level, there is regional heterogeneity in the moderating effect of service industry FDI on green TFP, and the joint effect of the two significantly promotes green TFP in the eastern region and negatively affects the central region.

Research on Regional Differences and Spatial Dynamic Evolution of Green Efficiency of China's Provincial Service Industry

In order to achieve the goal of "Peak Carbon Dioxide Emissions and Carbon Neutrality" as scheduled, China's service industry must achieve green development. In this paper, we use the super-efficiency SBM-DDF integration model to measure the green efficiency of the service industry in 30 provinces in China during 2011-2019. On the basis of the green efficiency level of the service industry, the Dagum Gini coefficient and the spatial Markov chain are used to analyze the source of the regional gap and the spatial dynamic evolution of the green efficiency of the service industry in China's four major regions. The results suggest that: (1) The overall green efficiency of China's service industry is increasing, and there is significant heterogeneity among regions. (2) The green efficiency of China's service industry has obvious characteristics of spatial differentiation. Regional differentiation is the main source of its spatial differentiation, and the contribution rate of over-density is the lowest. (3) The provinces with high service industry efficiency in China have a positive radiation effect on the green efficiency of the service industry in surrounding provinces, while the provinces with low-efficiency levels will have a certain inhibitory effect on the green efficiency of the service industry in surrounding provinces.

Analysis on the Current Situation and Countermeasures of China's Service Trade Development

Analysis on the Current Situation and Countermeasures of China's Service Trade Development

Studying the Connection between the Growth of Chinese Service Industry and the Upgrading of the Consumer Structure under the Background of Supply-Side Structural Reform

In a new era of economic development, the growth of the service industry has made a lot of progress, and the consumption pattern of residents has also changed. Consumption has shifted from subsistence to development, and then to enjoyment. In contrast, China's service industry is obviously in short supply, thus there is a clear imbalance between the supply and demand structures. Currently, balancing consumption demand and service industry supply is imperative. China is vigorously promoting supply-side structural reform. In the background of supply-side structural reform, in order to better adapt the development of the service sector to the changes in the consumption structure, this paper presents an empirical analysis of the relationship between the consumption structure and the development of the service sector based on data from China for the period 1991-2020, studies the current situation and development trend of China's consumption, analyzes the problem of insufficient supply of service industry. The conclusion is that there is a long-term stable relationship between the consumption structure and the development of the service industry, and the change of the consumption structure can promote the development of the service industry. Based on this, we propose relevant policy recommendations for the development of the service industry and the promotion of the upgrading of urban and rural residents' consumption. This is of great significance for promoting the development of China's economy, promoting the transformation and upgrading of China's consumption, and is also conducive to the development of China's service industry towards high-quality development. At the same time, it also provides some reference for the relevant research and practice of developing the service industry and promoting consumption upgrading in the world.

Convergence of green total factor productivity in China's service industry.

With the rising global concern over environment and energy issues, there are many scholars incorporating them into total factor productivity (TFP) analytical framework. This paper aims to outline the dynamic change trend and convergence characteristics of green total factor productivity (GTFP) of 14 sub-sectors in China's service industry. This is of great significance to the coordinated development and green transformation of sub-sectors of China's service industry. This paper commences to gauge and decompose GTFP of China's service industry by cutting-edge epsilon-based measure (EBM) generalizing slacks-based measure (SBM) and radial measure as well as Global Malmquist-Luenberger (GML) productivity index, and to examine the existence of convergence hypothesis in China's service industry. The core conclusions are as follows: (1) the average annual growth rate of GTFP in China's service industry is 1.00%, and there exists heterogeneity for GTFP in different sub-sectors; (2) there are phenomena of σ-convergence, absolute β-convergence, and conditional β-convergence in GTFP of China's overall service industry, producer service industry, and consumer-oriented service industry. The main policy suggestions include: increasing investment in green technology innovation of the service industry, formulating more effective industrial development planning and energy policies, and optimizing energy structure and industry structure of the service industry.

Workplace spirituality and innovative work behavior: the role of employee flourishing and workplace satisfaction

PurposeThe purpose of this study is to explore the role of employee flourishing as a mechanism to explain the relationship between workplace spirituality and employees' innovative work behavior (IWB). Furthermore, this study investigates how the relationship between workplace spirituality and innovative behavior is moderated by employees' perceived workplace satisfaction.Design/methodology/approachBased on structural equation modeling and hierarchical regression analysis, we conducted a cross-sectional survey of 236 millennial workers in China's service and manufacturing industries.FindingsThe research findings confirmed that workplace spirituality positively predicted the innovative behavior of employees; furthermore, employee flourishing and workplace satisfaction mediated and moderated the relationship between workplace spirituality and employee innovation, respectively.Practical implicationsThis study's findings suggest that workplace spirituality unlocks employees' innovative behavior through a heightened sense of flourishing and enhanced sense of workplace satisfaction. Organizations are advised to foster a climate conducive of workplace spirituality by developing mutually aligned values. Moreover, organizations are advised to train leaders on workplace spirituality dimensions and foster workplace practices that facilitate self-reflection, job crafting and team building, as a means of broadening employees' emotional states and workplace satisfaction.Originality/valueFew studies have examined the mechanisms that shape employees' innovative behavior through workplace spirituality. This study fills several research gaps by extending the theoretical implications of workplace spirituality and employee flourishing, as demonstrated by the multi-faceted role these variables play in motivating employees' innovative behavior among Chinese millennials. Additionally, this study demonstrates that higher levels of workplace satisfaction contribute to higher levels of innovative behavior.

How Leaders' Motivational Language Boost Innovative Work Behavior of Employee in Chinese Service Sectors: The Mediating Role of Psychological Empowerment.

The study drawing on motivational language theory (MLT), examines how leaders boost innovative work behavior (IWB) through motivational languages. The study also used psychological Empowerment as a mediating variable among leader motivational language (LML) and IWB. The data was collected from 291 employees at work services sectors (airlines, hospitals, and shopping malls) in two main phases. The study collected data with six sub-phases from China's services mentioned above sectors. By taking in survey full-time airline employees working in cargo transportation, ground staff, strategic planning, and front desk. The hospital employees respond mainly to technical workers in OPD, laboratory, and nursing staff. In the end, the study gets in the survey from the employee working in shopping malls, stock handling, and sales and planning department. For innovative work behavior, this study collects data from the shift in charge, supervisors, unit head, manager, and career development department from airlines, hospitals, and shopping malls. The study analyzed the data using SMART-PLS-SEM. The findings of the study indicate that there is a positive relationship between LML and IWB. This study also confirmed that psychological Empowerment mediates the relationship. The study found that leaders' communication during training improves employee productivity. The motivational language of leaders reduces the employee's stress level, and they feel free to give feedback and share their ideas with the supervisor at the workplace. The mutual trust among subordinates and leaders brings them together, making an innovative environment to perform at the workplace. The study theoretically contributes and confirms (MLT) as the best tool to motivate subordinates. Practically this study informed the studied sectors how they implement this model to boost employees' innovative work behavior. In the end, the study also discussed limitations with future directions.