Author(s)

Teng Su

Corresponding Author

Teng Su

Abstract

At present, China's economic development is at an important historical turning point. Facing the new situation of complex and changeable internal and external development environment, how to accurately understand the characteristics of the new normal economy, and to cultivate leading industries to support China's economic development, are key issues which must be addressed at the starting point of the new development stage. Through research and analysis in this paper, it is found that service industry is qualified to lead China's economic transformation and serve as the growth momentum.

Keywords

China's Economy, Service Industry, Leading Industry