At the annual strategy meeting hosted by Zhongtai Securities, Li Xunlei, the chief economist of China and Thailand International, pointed out that in 2022, the gap between domestic tertiary sector employment accounts for 47%, and the tertiary sector accounts for 52.8% of GDP, but there is still plenty of room for employment compared to the US service sector, which accounts for 19.7% of GDP; in 2022, service consumption by Chinese residents accounts for 19.7% of GDP, 25.5 and 10.6 percentage points lower than the US and Japan respectively. The development of the service industry can simultaneously fill the gaps in employment and consumption.

At the annual strategy meeting hosted by Zhongtai Securities, Li Xunlei, the chief economist of China and Thailand International, pointed out that in 2022, the gap between domestic tertiary sector employment accounts for 47%, and the tertiary sector accounts for 52.8% of GDP, but there is still plenty of room for employment compared to the US service sector, which accounts for 19.7% of GDP; in 2022, service consumption by Chinese residents accounts for 19.7% of GDP, 25.5 and 10.6 percentage points lower than the US and Japan respectively. The development of the service industry can simultaneously fill the gaps in employment and consumption.