China's Slow Productive Service Industry Growth Hinders Economic Development.
The article discusses China's economic growth pattern, focusing on the development of the productive service industry. The researchers analyzed data from 1990 to 2007 to understand how this industry impacts economic development. The findings reveal that China's economy is still growing extensively through physical capital accumulation, without effectively changing industrial structure or upgrading industries. Additionally, the productive service industry in China is developing slowly, with new industries not showing their technical and economic advantages effectively.