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Modern Service Industry
Source:   updated on: 2018-10-15

Modern service industry in Nanchang City is represented by business and logistics, finance and insurance, cultural creativity, software and service outsourcing, appearing the features of rapid increase of total service industry, stable improvement of economic contribution rate, accelerated investment pace and enhanced employment attraction in recent years. The added value of service industry in our City in 2017 was 214.496 billion yuan, increasing 10.2%, accounting for 42.9% of the city’s GDP; total retail sales of consumer goods of the city broke through two hundred billion, amounting to 209.696 billion yuan, accounting for 28.2% of total amount of the province, ranking the first in the province, increasing 12.3% year on year; completing total tourist reception of 120.568 million people, increasing 45.1% year on year; realizing comprehensive tourism revenue of 120.46 billion yuan, increasing 47.5% year on year. The revenue from trade, logistics, finance and other modern service industry increases year by year, with annual average net increase of nearly ten billion; the investment completion amount of service industry accounts for about 60% in total amount of the city, having become the largest field for fixed assets investment in our city. At present, a batch of major projects have been completed for operation in Nanchang, such as Wal-Mart Sam’s Club, Shanshan Outlet, Capital Outlets, Xihu Wanda Plaza, Boneng Financial Center, and etc. A batch of major projects are accelerating the construction, like logistics hub project of Xiangtang Railway and Highway, New Hongcheng Bazaar, Wangfujing Department Store, and so on; service industry has become the industry absorbing the most working population in our city.