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It is expected to exceed 100 trillion yuan! The signal sent out by this "first" conference is about you and me...
2026-04-09 source:cctv.com

CCTV news: From April 7th to 8th, the National Service Industry Conference was held in Beijing. This is the first national conference in the new era focusing on the service industry, the largest industry in the national economy. What signal is released behind the high specifications? Why is it so important to develop the service industry? The service industry is all around us. Whether we go to a restaurant, take a taxi, or get a haircut, our basic necessities of life depend on the service industry. If the daily service industry serves "people", then the producer service industry mainly serves "enterprises".

A company needs logistics services to deliver goods, financial services to obtain loans, computing services provided by "East Number and West Calculation", and exhibition services provided by the Canton Fair. These are all part of the producer service industry. In the past five years, the added value of my country's overall service industry has achieved "three consecutive jumps", exceeding the 60, 70, and 80 trillion yuan mark in succession. Today, for every 10 yuan of GDP growth in our country, more than 6 yuan is contributed by the service industry. The driving role of the service industry in economic development is evident. At the same time, we also have shortcomings. Compared with major developed countries, there is still a certain gap in the proportion of added value of my country's service industry and the proportion of residents' service consumption expenditure. Compared with the actual needs of industrial transformation and upgrading and everyone's needs for a better life, the scale, performance, quality and efficiency of my country's service industry still need to be improved. Accelerating the capacity expansion and quality improvement of the service industry means there are a lot of development opportunities. This time, a clear and powerful policy signal was released at the National Service Industry Conference.

For example, promote the high-quality, diversified and convenient development of the lifestyle service industry. This is because residents' consumption is changing from "have it" to "is it good or not". Residential services, elderly care and childcare, health care, business travel, culture and sports have now become our focus areas. New types of home services in housekeeping services, as well as hospice care, event economy, etc. These new business formats and models of service consumption have entered the country's sight.

For the producer service industry, the conference made it clear that it must extend to specialization and the high end of the value chain. As the pace of my country's industrial transformation and upgrading further accelerates, the trends of digitalization, greening, and integration become more obvious, which will naturally generate a large number of new demands. Popular areas such as R&D and design, software and information services, modern logistics, supply chain finance, energy conservation and environmental protection will receive more new business orders in the next five years. For you and me, vigorously developing the service industry means more employment options. Now, about 5 out of every 10 employed people in the country are engaged in the service industry. B&B housekeepers, organizers, hospital attendants, delivery anchors, data annotators, carbon footprint analysts... It can be said that most of the new professions, new types of work, and new positions that have emerged in recent years come from the service industry. The service industry accommodates the employment of hundreds of millions of people and is the easiest track for ordinary people to enter. During the "15th Five-Year Plan" period, the added value of my country's service industry is expected to exceed 100 trillion yuan.

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It is expected to exceed 100 trillion yuan! The signal sent out by this "first" conference is about you and me...
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