China’s service industry accounts for over 40 percent of its gross domestic product. In some large and medium-sized cities, the proportion has even risen to 60 or 70 percent. With the release of 2005-2008 Development Planning of National Standards for the Service Industry there are currently 2,550 service industry standards. By 2013, China will have formulated and revised 1,100 additional service industry standards.
Software is one of China’s fast growing service industry. The majority of Chinese software services are provided by domestic companies for domestic clients. Since software development creates more efficient manufacturing processes, this industry is in high demand.
Telecommunications industry in China is dominated by three state-run companies: China Telecom, China Unicom and China Mobile. After the accession to WTO, the Chinese government has opened this market to foreign investors. New technologies are being brought to provide differential services.
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