Author(s)

Xingcheng Ge, Xindi Cheng, Si Chen

Corresponding Author

Si Chen

Abstract

Based on the data of five cities in Zhejiang Province in 2022, this paper makes a comprehensive evaluation and comparative analysis of the competitiveness of modern service industry in five cities by means of factor analysis. By calculating the competitiveness level of modern service industry, this paper objectively evaluates the position of modern service industry competitiveness of Wenzhou city in the whole province. The research shows that the competitiveness of modern service industry in Wenzhou city is in the middle level, while that in Hangzhou city and Ningbo city is the highest, and that in Zhoushan city and Lishui city is at a poor level; There is a significant positive relationship between the competitiveness of modern service industry and the level of economic development in Wenzhou city. Based on this, this paper puts forward some countermeasures and suggestions to promote the development of modern service industry in Wenzhou city.

Keywords

Modern Service Industry, Competitiveness Evaluation, Development Trend, Wenzhou