How can the service industry, from "quantity" to "quality", strengthen the backbone of the Chinese economy

Beijing, April 8th (Reporter Xu Weina) "The convening of the National Service Industry Conference marks a new stage of accelerated transformation from 'quantity accumulation' to 'quality leap' in the development of China's service industry." Recently, Xiao Hongwei, director and researcher of the Policy Simulation Laboratory of the Economic Forecasting Department of the National Information Center of the National Development and Reform Commission, said in an interview with reporters that with the implementation and effectiveness of various decision-making arrangements, the service industry will better play the role of a 'stabilizer' and 'booster' of the national economy, inject a continuous stream of endogenous power into the high-quality development of the Chinese economy, and truly become the 'backbone' support of the national economy.

Since the 18th National Congress of the Communist Party of China, China's service industry has steadily expanded in scale and continuously improved in quality and efficiency, playing an important role in supporting industrial upgrading, meeting people's livelihood needs, and driving employment expansion.

The service industry is an important component of the national economy and a significant indicator of the level of modern economic development. "Xiao Hongwei believes that compared to its status as a manufacturing powerhouse and the growing demand for high-quality products from the people, the service industry has structural shortcomings and upgrading is urgent. This is a shortcoming that must be filled in order to strengthen the Chinese economy.

Entering a new stage of development, promoting the expansion and quality improvement of the service industry is no longer a 'multiple-choice question', but a 'must answer question'. Xiao Hongwei analyzed that from a strategic perspective, extending the productive service industry to the high-end of the value chain can inject innovative momentum into advanced manufacturing; The development of high-quality and diversified lifestyle services can effectively unleash the potential of domestic demand and smooth the domestic circulation. From the perspective of people's well-being, "one elderly and one young" care, medical and health care, cultural tourism and sports, etc., are all related to the sense of gain of the people. From the perspective of international competition, cultivating the "China Service" brand is an important direction for shaping new advantages in cooperation and competition.

The service industry has a wide range of categories and a long chain. How can we make precise efforts?

Xiao Hongwei suggested that on the one hand, we should focus on the productive service industry to strengthen the physical economy. Promote the deep integration of research and development design, inspection and testing, intellectual property, etc. with advanced manufacturing, and encourage enterprises to transform towards "manufacturing+service". On the other hand, deepening the life service industry can add color and luster to a better life. Optimize basic services around the daily needs of residents, and expand the upgraded supply of health, elderly care, childcare, cultural tourism, sports, etc. around the pursuit of quality. In addition, it is necessary to strengthen integration empowerment and upgrade services driven by technology. Promote the deep application of artificial intelligence, big data, and the Internet of Things in service scenarios, cultivate new growth points such as platform economy, sharing economy, and cloud services, and comprehensively enhance the level of digitization, standardization, and internationalization.

The implementation of tasks cannot be separated from institutional protection.

The vitality of the development of the service industry lies in the operating entities, and the key lies in the institutional environment. "Xiao Hongwei emphasized that it is necessary to handle the relationship between" letting things go smoothly "and" managing them well ", strike at the pain points and bottlenecks, and enable enterprises to" dare to invest, be willing to create, and be able to win ". Specifically, we will adhere to inclusive and prudent supervision, establish an "observation period" and "buffer zone" for new business models, while firmly guarding the bottom line of safety, quality, and consumer rights. Deepen the construction of a unified national market, eliminate local protectionism, market segmentation, and industry barriers, and reduce institutional transaction costs. Synchronize innovative financial services, improve talent mechanisms, and enhance statistical systems to effectively alleviate common difficulties such as financing difficulties, talent shortages, and data barriers for small and medium-sized service enterprises.

Looking ahead to the future, Xiao Hongwei stated that with the deepening of the capacity expansion and quality improvement action, we will strive to elevate the production service industry to the high-end and improve the quality of the life service industry. "Chinese services" and "Made in China" will surely fly together and empower each other, making the service industry truly "strong and robust" for the Chinese economy and providing more solid industrial support for the comprehensive construction of a socialist modernized country.