Archive | 2019
Mechanism and Path of Modern Leap-forward Development of Service Outsourcing Industry in Hubei Province
Abstract
Service outsourcing industry is the green engine of a country s economic development. It is also a strategic industry for Hubei to transform its economic growth mode, adjust its industrial institutions and realize the leapfrog development of modern service industry. This paper analyzes the opportunity and mechanism of developing service outsourcing industry in Hubei province, and puts forward some countermeasures for Hubei province to take service outsourcing as a breakthrough point, implement differentiation strategy, create the advantages and characteristics of Hubei service industry, and promote the leapfrog development of Hubei economy. From 2020 to the middle of this century, the comprehensive construction socialism modernization country, Hubei economic development is still in an important period of strategic opportunities, advanced manufacturing and modern service industry on the bidirectional pull strategy, development of service outsourcing industry is promising, this can not only be Hubei economic restructuring and transformation of the mode of growth important gripper, can also become a new way to achieve the leap development of modern service industry of Hubei province. Mechanism Analysis of Leapfrog Development of Service Outsourcing Industry in Hubei Province Service Outsourcing Industry Is the Adhesive of Manufacturing Advantage and Service Industry Development in Hubei Province. Hubei manufacturing categories are complete, and it has formed an industrial cluster with automobile, iron, steel, chemical, raw materials, manufacturing, tobacco, textile, teaching materials, agricultural products processing and general equipment manufacturing industry. From the perspective of technological progress, high-end service industry is not only the medium and prerequisite for the development of manufacturing industry, but also the result and product of the development of manufacturing industry. Service Outsourcing Industry Is the Converter of the Emerging Service Industry and Human Resource Advantage into Competitive Advantage in Hubei Province. Service outsourcing is inseparable from service trade. New technologies, new modes and new formats of service industry continuously enter the field of service outsourcing. In 2017, Hubei province s total import and export of services totaled us $12.14 billion, still ranking first in central China. The structure of trade in services has been improved. The province s emerging service trade grew faster than the traditional service trade, and its share continued to rise, reaching 162 million us dollars, accounting for 1.3%, up 0.5 percentage point year-on-year. New areas such as intellectual property use fees, cultural and entertainment services, and repair and maintenance services all increased by more than 30 percent (36 percent, 52 percent, and 164 percent, respectively. Service Outsourcing Industry Is the Propeller for Hubei to Attract Domestic and Foreign Capital Investment. In 2017, the average salary in Wuhan, capital of Hubei province, was 6,331 yuan. (average salary 6th International Conference on Management Science and Management Innovation (MSMI 2019) Copyright © 2019, the Authors. Published by Atlantis Press. This is an open access article under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/). Advances in Economics, Business and Management Research, volume 84