IDEAS home Printed from https://ideas.repec.org/a/bpj/cferev/v12y2023i2p113-129n3.html
   My bibliography  Save this article

Leading High-Quality Development of Service Industry with Institutional Innovation

Author

Listed:
  • Wang Yueying
  • Xia Jiechang

    (University of Chinese Academy of Social Sciences, Beijing, China)

Abstract

To realize the transition from high-speed growth to high-quality development, it is necessary not only to change the way and path of economic growth, but also to speed up the improvement of the institutional system that is compatible with high-quality development. China has unique institutional advantages in promoting the high-quality development of the service industry (HQDSI), but the service industry is a typical institution-intensive industry that faces higher institutional barriers than the manufacturing industry. Therefore, institutional reform and business environment optimization are particularly important to the promotion of HQDSI, and the effect is also very prominent. Facing the future, we should lead HQDSI by building a high-standard socialist market economy, promote the high-quality and efficient development of the service industry by standardizing it, and encourage the innovation and entrepreneurship of the industry by improving the institutional environment, thus steadily boosting HQDSI in the new era of reform and opening up.

Suggested Citation

  • Wang Yueying & Xia Jiechang, 2023. "Leading High-Quality Development of Service Industry with Institutional Innovation," China Finance and Economic Review, De Gruyter, vol. 12(2), pages 113-129, September.
    • Handle: RePEc:bpj:cferev:v:12:y:2023:i:2:p:113-129:n:3
    DOI: 10.1515/cfer-2023-0012
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/cfer-2023-0012
    Download Restriction: no
    File URL: https://libkey.io/10.1515/cfer-2023-0012?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:cferev:v:12:y:2023:i:2:p:113-129:n:3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.