Innovation in the service sector promotes China's position in the global value chain

Abstract

Under the background of economic globalization, accelerating the opening up of the service industry is an important hand in shaping new advantages in international competition and cooperation under the new situation, and the service industry has become the main driving force of the world's economic growth, and an important indicator of a country's international competitiveness. The level of development of China's service industry is still far from the leading level in the international arena, which to some extent affects China's improvement in its position in the global value chain. For this reason, this project intends to combine the KPWW method of accounting research, Hausmann, Hwang and Rodrik (2007) and other research methods to jointly explore the mechanism and countermeasures of the opening up of the service industry to promote the improvement of China's position in the global value chain.