The new round of global technological revolution and industrial transformation is in full swing, and the competition between China and the United States is intensifying. The productive service industry is the invisible front that determines the international competitiveness of the advanced manufacturing. At the same time, the traditional industries in China are gradually losing their momentum to support the economic growth. Accelerating the development of the productive service industry is an inevitable requirement to promote the development of new industrialization and drive China towards a high-quality economic development track.
The overall development status and existing problems of China's productive service industry include the following points.
1. The proportion of productive service industry in China's service industry and GDP is still relatively small, while the growth momentum is evident.
2. The contribution of China's modern productive service industry to economic growth is relatively low, while its leading role is gradually increasing.
3. China's investment growth mechanism in productive service industry needs to be improved, and at the same time, the manufacturing industry has a huge potential demand for modern productive service.
This article proposes the following countermeasures and suggestions.
1. Establish and improve the investment growth mechanism with productive service industry as the new driving force.
2. Implement special actions to focus on improving the level of research, development and design services.
3. Build a modern supply chain management system of hub plus network to promote the cost reduction and efficiency improvement throughout the entire industry chain.
4. Deepen the coordinated layout of the manufacturing plus service industrial chain and create a modern ecosystem of the productive service industry.


