How to speed up the development of service industry in the Yangtze River Delta?

Recently, the “14th five year plan” for the development of modern service industry in Hefei (hereinafter referred to as the “plan”) was released. According to the plan, by 2025, the added value of the city’s service industry will strive to reach 100 billion yuan and initially build into a modern service industry center in the Yangtze River Delta.

The plan specifies that by 2025, the development quality and development level of the city’s service industry will achieve key breakthroughs, and basically form a modern service industry system with optimized structure, high-quality service, reasonable layout, integration and sharing. The total number of service enterprises above Designated Size reached 2500, and the number of service market players reached 1.75 million. Strive to build 100 service industry clusters (demonstration parks) above the municipal level by 2025, with a revenue of more than 10 billion yuan and more than 10 clusters. There are 12 top 500 enterprises in China’s service industry.

At the same time, with the completion of high-level open platforms such as Hefei area of China (Anhui) pilot Free Trade Zone, the service industry development system and mechanism will be more perfect.

The plan also proposes that Hefei will aim to build a modern service industry center in the Yangtze River Delta, help improve the service level and comprehensive competitiveness of national central cities, focus on building two core service industries of science and technology services and information services, accelerate the construction of three supporting service industries of modern logistics, modern finance and business exhibition, and steadily improve the four quality service industries of culture and creativity, modern commerce and trade, tourism and leisure and health services.

He Yu, director of the common prosperity research center of Jiangsu Academy of Social Sciences, told the reporter of international finance that taking science and technology services and information services as the two cores of the development of modern service industry in Hefei during the 14th Five Year Plan period conforms to the general trend of a new round of global scientific and technological revolution, and also highlights the key direction of urban transformation and upgrading. It is an important measure to build regional competitiveness, build regional growth pole and give play to regional driving role.

According to He Yu, in recent years, Hefei has been remarkable in terms of high-quality development and innovation drive, and even staged the phenomenon of Hefei in transformation and upgrading. The “14th five year plan” for modern service industry further adds innovation drive, which is expected to provide new impetus for high-quality development.

Hefei, a “corico gas”, will make efforts in scientific and technological services. Guided by the construction of Hefei comprehensive national science center, give full play to its advantages and vigorously develop service industries such as R & D and design, inspection and testing, transformation of scientific and technological achievements, intellectual property rights, energy conservation and environmental protection. By 2025, the operating revenue of the science and technology service industry will reach 100 billion yuan, and the proportion of the whole society’s R & D expenditure in GDP will reach 3.8%, so as to build it into a science and technology innovation service center with international influence.

The plan specifies to seize the opportunities of digital development, promote the development of new business forms and models of digital economy, vigorously promote the application of new generation information technology such as 5g, artificial intelligence, big data, cloud computing and blockchain, and focus on the development of industrial Internet, network information security and high-end software. By 2025, the operating revenue of the city’s information service industry will reach 200 billion yuan, basically building a digital economy highland with China’s comparative advantages.

Modern finance is also becoming bigger and stronger. Hefei will vigorously develop Inclusive Finance, science and innovation finance, industrial finance, green finance and cross-border finance, and strive to form a healthy and orderly financial industry system with innovative development, high-quality services and controllable risks. By 2025, the added value of the financial industry will reach 200 billion yuan, accounting for 12.5% of GDP, the level of financial services will be significantly improved, and a regional scientific and innovative financial center will be built.

In addition, Hefei will build a regional cultural and creative center and an important regional consumption center city in the Yangtze River Delta, and accelerate the application for the construction of an international consumption center city. We will strive to build 50 high-quality tourist routes and 100 online punch in points by 2025, and strive to become an innovative “strong tourism city” and a tourism destination with national characteristics.

“Building an innovative ‘strong tourism city’ and a tourism destination with national characteristics is a systematic project. We need to take multiple measures at the same time and promote them in a coordinated manner for a long time.” He Yu further analyzed that first, we should fully explore the advantages of characteristic tourism resources in Hefei, tell Hefei tourism stories well, and build a travel image with distinct recognition; Second, we should create a good tourism environment, adhere to the concept of consumer first, effectively protect the rights and interests of consumers, and make Hefei a destination for people to travel with confidence, quality and happiness; Third, we should mobilize the initiative of practitioners in the tourism industry. In view of the current situation that tourism and its related industries are facing phased difficulties and at the bottom of the phased Valley, we should take accurate support measures to protect all kinds of market players promoting the development of tourism and make them tide over the difficulties safely, so as to grow into the backbone of Hefei’s tourism development in the future.

Convergence of service industry in Yangtze River Delta

What is the scale and goal of the development of service industry in Shanghai, Jiangsu, Zhejiang and Anhui in the next five years?

In 2021, the added value of Jiangsu’s service industry reached 598664 billion yuan, a year-on-year increase of 7.7%, accounting for 51.4% of GDP, and its pillar position remained stable.

The “14th five year plan” for the development of modern service industry in Jiangsu Province, which was officially implemented last year, makes it clear that by 2025, Jiangsu will basically build a world-class and China’s leading modern service industry highland. By 2025, the added value of the province’s service industry will reach more than 7 trillion yuan, cultivate and form 300 leading enterprises in the high-quality development of modern service industry, 300 demonstration areas for the high-quality development of modern service industry, and 100 benchmark leading models for the “integrated development of two industries” of modern service industry and advanced manufacturing industry.

HD, deputy director of Jiangsu Provincial Development and Reform Commission, introduced that taking the “331” project for the development of modern service industry in Jiangsu as a breakthrough, Jiangsu has made every effort to promote the implementation of the cultivation project of leading enterprises in the high-quality development of modern service industry, the demonstration project of high-quality development agglomeration of modern service industry, and the benchmark leading project of integrated development of advanced manufacturing industry and modern service industry. At the same time, we will continue to promote the pilot project of comprehensive reform of the service industry, enlarge the reform effect of Nanjing, Xuzhou and other national pilot cities of comprehensive reform of the service industry, and actively strive for a new round of national comprehensive reform of the service industry.

At the beginning of March this year, the list of the first batch of provincial demonstration areas for high-quality development of modern service industry and the list of the first batch of provincial leading enterprises for high-quality development of modern service industry were successively released. A total of 23 demonstration areas and 50 enterprises in Jiangsu were selected.

At the end of last year, the “14th five year plan” for the development of producer services in Shanghai was issued, which made it clear that by 2025, the scale and quality indicators of key areas of producer services in Shanghai will be further improved, the development trend of specialization and high-end will be obvious, the service-oriented manufacturing ecosystem will be established, and the demonstration effect of “integration of two industries” at the high end of the industrial chain will be obvious. The initial construction will have great radiation and high added value A productive service ecosystem with strong brand advantages.

Look at Zhejiang. Zhejiang Province will strive to promote the high-quality development of modern service industry. It plans to build about 100 modern service industry innovation and development zones by 2023 and about 20 high-energy innovation and development zones with international influence and competitiveness by 2025.

According to the “14th five year plan” for the development of service industry in Anhui Province issued by Anhui Provincial Development and Reform Commission, Anhui will implement the strategy of “serving a strong province”, shape the brand of “Wanmei service”, carry out the action of “forging strengths and making up weaknesses” in the service industry, and put forward the main goal of “striving to achieve 3.2 trillion yuan in the added value of the service industry by 2025”.

In addition, we will implement the “Wanmei consumption” promotion action to enable more people to consume in Anhui. By 2025, the total retail sales of consumer goods in Anhui will reach 3 trillion yuan.

“It can be said that the modern service industry in the Yangtze River Delta has ushered in a period of strategic opportunity for rapid development.” Xu Haoping, a financial commentator, told the reporter of the international finance news that the development of the service industry in the Yangtze River Delta took the lead in making a breakthrough, which is of great significance to improve the degree of economic agglomeration, regional connectivity and policy synergy efficiency in the Yangtze River Delta, enhance the innovation and competitiveness of the service industry and enterprises in the region, and play an exemplary and leading role in the industrial transformation and upgrading of national urban agglomerations.

“Innovative development is the key.” Xu Haoping further analyzed that, for example, we should break more barriers, open up more circulation elements and integrate development. “Specifically, Shanghai with strong comprehensive strength, Zhejiang with developed private economy, Jiangsu with strong manufacturing industry and Anhui with rich ecological resources have high-quality natural resource flow elements.” Xu Haoping said, “we should be a leader in the innovation and development of the service industry, transform the traditional service industry with new technologies, new business forms and new service methods, create demand and guide consumption. At the same time, on the basis of the existing service industry development policies of three provinces and one city, we should learn from each other, seek common ground while reserving differences and complement each other’s advantages, so as to promote the assimilation, integration and standardization of the development system of the service industry in the Yangtze River Delta.”

“Promoting the digital application of producer services is also the top priority.” Xu Haoping said that accelerate the digital and high-end development of producer services, promote the comprehensive application of digital technology, intelligent manufacturing and other technologies in the field of producer services, promote the experience of digital pilot, and promote the digital transformation of service industry platforms in the Yangtze River Delta. In addition, we can also work together to cultivate a modern service industry demonstration base in the Yangtze River Delta and establish a model enterprise for the transformation and upgrading of the service industry.

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