The Development of Producer Services in China Li Jiangfan, Jiang Bo (Sun Yat-sen University)
Abstract This paper introduces the background of development of the producer service sector in China. According to detailed statistics, several development characteristics are analyzed in the various aspects such as the proportion and scale, absolute development level, internal structure, contribution rate to GDP, labor productivity, investment returns, foreign direct investment, and so on. Then, it summarizes the development experiences of China's producer services in regards to theoretical innovation, development strategies, traction roles, development of sub-sectors, supply innovation, and expansion of openness levels. Finally, it analyzes several problems in China's producer service sector during the course of development, concerning development level, internal structure, exporting capacity, and regional distribution of China's producer services. It points out the development direction of softening production factors. Keywords: producer services, tertiary industry, service industry
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