FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.

posted on 13 June 2015

Chinese Market Provides Excellent Opportunity to US Service Industries

Written by , GEI Associate

Following up on my last post about China PMI, China PMIs show improving economic activities during the past several months. Especially, China Service PMI has kept a steady growth rate since 2015 and rose to 53.5 by the end of May, which indicates continuous high level of economic expansion in Chinese service industries. Whereas China is still in the midst of an economic reform period, the large market doubtless brings excellent business opportunities to US service industries.

Correspondingly, depending on gradually developed international network and high quality of service industries, US service enterprises are expected to create more employment opportunities by expanding overseas markets.

Therefore, in view of the current economic conditions that China is experiencing during the economic reform period, Chinese market would doubtless catch more and more interest of US service companies. (On the one hand, China has put great emphasis on developing service trade; on the other hand, Chinese market present an ideal foundation of market demand for service industries.)

There is no doubt that exploiting Chinese market is a win-win to both US companies and Chinese consumers. For US enterprises, it is an effective solution to promote domestic employment. Moreover, Chinese service market also exist various of potential demand and business opportunities.

For example, with the higher life quality and further boost of internationalization, more and more Chinese in different age levels are expected to learn authentic American English, thus they are more interested in finding a US local English language education institution instead of domestic language school.

In addition, more and more Chinese students desire to further their study in US, while it's quite hard for them to know more information about US well-known universities besides school rankings, which may lead them miss better study program in US colleges.

To sum up, Chinese service market exist a lot of potential profitable business opportunities for long-term cooperation.

In the meanwhile, for China, it is a good chance to enrich and develop Chinese service industries by introducing advanced service modes and ideas, as well as to stimulate domestic enterprises to promote service quality.

Furthermore, it also creates better environment for Chinese consumers to study American culture and pursue better life quality.

Click here for Historical News Post Listing

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, using Livefyre just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

You can also comment using Facebook directly using he comment block below.

Econintersect Contributors


Print this page or create a PDF file of this page
Print Friendly and PDF

The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.

Take a look at what is going on inside of
Main Home
Analysis Blog
Taking a Wrench to Healthcare
Rising Tide Does Not Lift All Ships
News Blog
Consequences Of Rising Income Inequality
America's Most Competitive Renters: Why Many Are Choosing To Rent
Historical Echoes: The Bank Teller Action Figure, Or It's All In The Packaging
Infographic Of The Day: The Oil Market Is Bigger Than All Metal Markets Combined
U.S. 2016 Election Divides Advanced And Emerging Economies
Which Countries Read The Most
The World's Most Expensive Retail Locations
How To Help Energy Demand Match Renewable Supply
Music Subscriptions Revive Revenue
How The Space Station Avoids Junk In Space
Infographic Of The Day: The Most Popular Jobs In A Decade
Early And Late Cycle Verdicts Are Baseless
The Surprising Divergence Of Employment And Capacity Utilization
Investing Blog
FinTech Is Taking A Bite Out Of Banks
Options Early Assignment - Should You Worry?
Opinion Blog
The Beer Goggles Stock Market
US 2016 Election: Will US-China Relations Change
Precious Metals Blog
Preparing For Post-Election Social Unrest
Live Markets
21Oct2016 Market Close: Major US Indexes Close Flat On Low Volume, Crude Prices Resume Climb, US Dollar Stabilizes In Mid 98 Handle, Yes, Most Investors Are Worried Which Way This Market Will Go
Amazon Books & More

.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Middle East / Africa
USA Government

Crowdfunding ....



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved