Promoting China’s Industrial Upgrading by Expanding the Opening-Up of Service Industry:Intrinsic Logic and Realization Approach

Tertiarization and service globalization are becoming an irreversible trend,which is highlighted in the following aspects:the value added of service industry is contributing more and more to the GDP of major economies,service industry is becoming the main channel to absorb social employment,and the service trade has become the most active mode of international trade.In building the export-oriented economic development strategy,expanding the opening-up of service industry not only is essential to the high-quality development of service industry,but also can realize the transformation and upgrading of China’s economy by improving the resource allocation efficiency of manufacturing industry through the integration of industry development.It is a huge systematic project to promote the industrial upgrading by expanding the opening-up of service industry,which requires comprehensive measures:continuously optimizing the institutional environment for the development and opening-up of service industry,taking the development of productive service industry and two-way opening-up as the priority,promoting the international competitiveness of service trade by“entering WTO for the second time”,recognizing the role of“digital plus”in the service opening-up and industrial upgrading;building a financial system to meet the needs of an open economy.