Core Viewpoint - The service industry in Shaanxi Province is showing a stable and positive development trend, contributing significantly to the province's economic stability in the first half of the year [1]. Group 1: Service Industry Growth - The added value of the service industry in Shaanxi increased by 5.1% year-on-year in the first half of the year, indicating strong internal growth momentum [2]. - Traditional service sectors such as accommodation and catering, wholesale and retail, and transportation, storage, and postal services grew by 5.2%, 5.3%, and 5.4% respectively, reflecting a balanced growth pattern driven by rising disposable income and consumption upgrades [2]. - New consumption models, particularly during holidays and nighttime economies, have revitalized traditional service industries [2]. Group 2: Modern Service Industry as a Growth Engine - From January to May, the rental and business services sector saw a revenue increase of 17.8%, with business services growing by 18.1%, and scientific research and technical services growing by 12.8%, including a remarkable 46.9% growth in research and experimental development [3]. - Knowledge-intensive services are becoming the main driving force for growth, with high-value-added sectors like R&D and business services showing rapid growth [3]. - The significant growth in research and experimental development indicates ongoing technological innovation in Shaanxi, supporting industrial upgrades [3]. Group 3: Policy Support and Future Outlook - The growth of the service industry is supported by targeted policies from the provincial government, including financial support mechanisms and improvements in the business environment [4]. - The number of China-Europe freight trains (Xi'an) operating in the first half of the year reached 3,055, a year-on-year increase of 28.8%, enhancing Shaanxi's openness and providing new opportunities for high-quality service industry development [5]. - The future outlook for Shaanxi's service industry remains optimistic, with expectations of continued stable growth driven by policy benefits, expanding market demand, and increasing innovation [5].
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Shan Xi Ri Bao·2025-08-07 00:07