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2006 China's Chemical Industry Survey
The Survey of Foreign Investment in China's Insurance Industry of 2006
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2006 China's Banking Industry Survey
 
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Currently, service industry plays a more and more important role in economy development. It has become a trend for global economy development to greatly development service industry. As we can see from the history of economy development all over the world that the rule shown due to industry structure change is that the shares agriculture accounts for in the economic regulation lessen consistently, industry shares in the industrialization phrase increase rapidly, the output ratio of service industry is even relatively but rises nonstop and finally keeps a steady status at a high level, and meanwhile, the labor forces transfers from manufacturing industry to service industry and creates a service industry-leading situation.

Recently, with China 's national economy developing rapidly, industry structure upgrades gradually, China 's service industry also makes great progress. In 2007, Chinese service industry realization added value reached RMB9.60t, up by11.4% year-on-year. However, the situation of service industry development lagging behind hasn't changed fundamentally, and the ratio of national service industries in GDP declines. Compared with developed countries, the ration is rather low. Thus developing service industries is significant, which embodies in such respects as enlarging employment scope, changing ways of economy growth and fulfilling scientific outlook on development.

Regarding the opening up, after joining WTO, China broadened the degree of opening up in service industry proactively and orderly. Chinese governments issued new laws, regulations and rules on entry into the foreign capital markets for important service trade fields. The law system of China 's service industry absorbing foreign capital is improving. Transparency of policies is further raised. China will continue to enlarge opening-up fields and the scale of absorbing foreign direct investment. In 2007, projects of service industry utilizing foreign capital was 16736, accounting for 44.20% and actual utilizing foreign capital amount stood at USD31b, accounting for 41.55%.

At present, on the base of promise, China has fulfilled WTO responsibilities in lots of service departments such as commerce, communication, building, distribution, finance tourism, transportation, etc. According to the practical situation, China even fulfilled its promise made when joining WTO ahead of time in such fields as insurance service and tourism service.

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