Chinas transition from manufacturing to services: Tertiary sector to become the backbone of the economy

Tertiary sector


The Chinese government has in recent years adopted policies actively encouraging the growth of its tertiary sector. These include reforms easing access to the Chinese market for foreign companies, as well establishing a fund which will assist companies in the services sector.

Overall, Chinas percentage share of global GDP has risen from 4.6% in 1950 to more than 20% by 2016.

Emissions from factories and a growing middle class population that is increasingly able to afford fossil fuel driven vehicles instead of relying on bicycles for transport, means that pollution at certain times of the year exceeds 20 times the limit set by the World Health Organization (WHO) as to what it considers maximum healthy exposure to pollution.

One major way in which the Chinese government wants to move the country towards becoming a service oriented economy is by boosting the exports of services and thereby reducing reliance on manufacturing exports.


– Explores how a manufacturing boom resulted in strong Chinese economic growth.
– Explains the consequences of this growth, both positive and negative.
– Covers the reasons why the Chinese government wants a transition away from manufacturing.
– Explores how this transition is progressing.
– Discusses how this transition will impact Chinese economic growth.

Reasons to buy

– How did Chinas economic rise occur?
– What were the consequences of this economic growth?
– Why does the Chinese government want to reduce reliance on manufacturing and encourage transition towards services?
– Will this transition result in strong double digit growth?
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Published by Anjali Kalan

Director of, Aarkstore is amongst the best market research platform on the internet with online database of spanning several industry categories like healthcare, defense, FMCG etc. It aims at enhancing business opportunities by providing intensive market research reports tapping every possible segment based on geography, consumers, consumer behavior, current industry trends and a lot more. It has a widespread data on profiles and reports through crisp online industry analysis. Aarkstore also furnishes customized reports, SWOT analysis on companies and markets, providing a cutting edge view to the intricacies of business possibilities.

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