City service industry growth boosts exports, reshapes China's economic landscape.
The article discusses how the growth of China's service industry affects the country's exports and industrial structure. The researchers found that as the service industry grows, it actually boosts the likelihood and volume of enterprises' exports. This is mainly due to the division-of-labor effect, where different tasks are divided among different enterprises, and the wage-premium effect, where higher wages can limit exports. The study suggests that the development of the service industry can have a positive impact on exports and provides insights for China's trade and economic policies.