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Analysis of Causation and Future Trends of Service Industry in Hong Kong

In: Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023)

Author

Listed:
  • Wenhong Zou

    (Shanghai University of Engineering Science, Marketing)

  • Ruihan Xia

    (Taishan University, International Economics and Trade)

  • Jinwen Chen

    (Southeast University Chengxian College, International Economics and Trade)

Abstract

As one of the global financial centers, Hong Kong, China is one of the regions with the highest degree of freedom and service industry dominance in the world. By analyzing the development form of Hong Kong’s service industry in recent years, this paper predicts its changes and future trends. This paper will start with the structure and development trend of Hong Kong’s service industry, and compare it with the Trade Competitive Power Index of mainland China and other countries, and analyze the current international situation and the determinants of the dominant position of Hong Kong’s service industry, so as to predict its future development trend and put forward corresponding suggestions.

Suggested Citation

  • Wenhong Zou & Ruihan Xia & Jinwen Chen, 2023. "Analysis of Causation and Future Trends of Service Industry in Hong Kong," Advances in Economics, Business and Management Research, in: Yushi Jiang & Guangming Li & Wilson Xinbao Li (ed.), Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023), pages 48-58, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-142-5_6
    DOI: 10.2991/978-94-6463-142-5_6
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