Conference Held in West China's Chongqing to Promote Modern Service Industry Development

Core Insights - The 2025 Modern Service Industry High-Quality Development Conference was held in Chongqing, focusing on the development of the modern service industry and the release of China's top 500 service enterprises [1][2] Group 1: Industry Performance - The total operating income of the top 500 service enterprises in China exceeded 51.1 trillion yuan, marking a 3.82% increase, which is 1.9 percentage points higher than the previous year [2] - The average operating income for these enterprises surpassed 100 billion yuan for the first time, reaching 102.22 billion yuan [3] - The entry threshold for the top 500 service enterprises rose by 10.71% to 7.98 billion yuan, while total assets increased to 404.9 trillion yuan, reflecting a 9.19% growth [3] Group 2: Regional Development - Chongqing is leveraging its position as a national key advanced manufacturing hub to integrate technological and industrial innovation, aiming to develop a pioneer zone for the inland modern service industry [4] - The city is focusing on sectors such as software information, tech R&D, design consulting, modern logistics, and financial services to enhance the growth of producer services [5] - Yuzhong District achieved a GDP of nearly 170 billion yuan in 2024, with the modern service industry contributing over 93% to its GDP [6] Group 3: Future Goals - Yuzhong aims to maintain the tertiary industry share above 90% by 2027 and increase the proportion of modern producer services in regional GDP from 66.8% to 75% [8]