High-end Service Industry and Remodel of Growth Efficiency——Human Capital Upgrading and the Integration Process of Knowledge Production and Consumption

It is inevitable that the service industry leads the economic growth after the development of large-scale industrialization, and the development of high-end service industry determines the efficiency improvement ability of the process of service-oriented structure. Based on a cross-country comparison of the facts of industrial structure upgrading and high-end service industry characteristics in sample countries and regions, the study found that: (1) The overall structure of China's service industry is roughly equivalent to the level of the United States in the mid-1920s, Canada in the early 1940s and Japan in the mid-1960s, and the service-oriented structure needs to be further improved. (2) Economies that have successfully achieved growth leapfrog not only show that the proportion of high-end services keeps increasing, but also show the process of improving the growth efficiency of high-end services. (3)The proportion and competitiveness of China's high-end service industry have yet to be strengthened, and the role of industry in stimulating the economy is still relatively prominent. Developed economies generally show the characteristics of "high service sector, high human capital and high knowledge consumption". This article puts forward the basic understanding and policy recommendations on the reshaping of the growth efficiency model during the period of structural servicing. In the process of high-end service industry in China, on the one hand, it should coordinate the gradient upgrade of human capital and the upgrade of consumption structure to promote the integration of knowledge production and consumption, so as to effectively connect the supply side and the demand side, and form the dynamic efficiency compensation of knowledge consumption and human capital. On the other hand, the deep integration of high-end service industry and manufacturing industry should be promoted, and the high-end development of service industry should be refined. It is necessary to break through the mechanism barriers of talent training, and innovate the talent training model and the way of gathering talents. At the same time, we should accelerate the reform of high-end service industries related to human capital accumulation in education, culture, and health, improve the supply efficiency of public service industries, and expand the scale of middle-income groups.