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Services sector next big thing

By Yang Daqing | China Daily | Updated: 2008-07-21 07:23

The Chinese economy has seen a continuous boom in the last three decades after the economic reform and opening-up. The per capita GDP of China rose beyond $2,500 in 2007, which marks a new starting point for further prosperity.

At the 17th National Congress of the Communist Party of China held in 2007, it was resolved that the economy should develop in a sound and fast manner.

China has entered a stage when the industrial structure is being upgraded. As the market economy becomes more mature, the producer service industries would have more opportunity to prosper. Hopefully, they would serve as an important force to drive sound and fast economic growth in the near future.

Services sector next big thing

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