Economics, Econometrics and Finance
8 years ago

Cluster of service industry boosts Shanghai's modern service industry development.

Journal of Shanghai Business School
Cluster of Service Industry’s Impacts on the Development of Modern Service Industry in Shanghai
Jun He

Paper Summary

Shanghai needs a strong modern service industry to thrive in today's global economy. By focusing on clusters of service businesses, Shanghai can boost its modern service industry. The study shows that these clusters help speed up the growth of modern services in the city. Shanghai's service industry cluster has unique characteristics that contribute to its success.

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