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This book focuses on service economy development, particularly on how an industrial economy evolves into a service economy. The book is organized in three sections: The first theoretically answers the general question "what is the service economy?" The second explains the mechanism of the service economy's formation and development, revealing the evolution trends and attempts to answer the question "where does the service economy come from?" The third section includes an in-depth analysis of Chinese case studies to answer the key question "how can the service economy development be promoted?" Readers will discover what the service economy is and how it relates to and differs from the industrial economy. More importantly, it will provide policy-makers with suggestions for how to promote service-economy development.

The Development of Service Economy: A General Trend of the Changing Economy in China

The connotation and definition of the service economy.- The connotation and regular performance of the service economy development.- The motivation of the service economy development.- The mechanism of the service economy development.- The track characteristics of the service economy development.- The trends in the service economy development.- The trajectory deviation of the service economy development: China case.- Traditional development model and the service economy.- The market basis of the service economy development.- The institutional environment of the service economy development.- The services development in the economic non-equilibrium growth.- The new industrial revolution and economic servitization.- The information-based service Innovation.- Development transformation and reform depth.- Trade in services and service internationalization.